Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Down 81.1% in March

Linkhome Holdings Inc. (NASDAQ:LHAI) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 39,456 shares, a drop of 81.1% from the February 26th total of 209,074 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 94,794 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 94,794 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Linkhome from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Linkhome

Several institutional investors have recently added to or reduced their stakes in LHAI. FNY Investment Advisers LLC bought a new position in Linkhome during the fourth quarter worth about $87,000. Cerity Partners LLC bought a new stake in shares of Linkhome in the fourth quarter valued at approximately $91,000. Citadel Advisors LLC purchased a new stake in shares of Linkhome during the 3rd quarter valued at approximately $120,000. Goldman Sachs Group Inc. purchased a new stake in shares of Linkhome during the 4th quarter valued at approximately $101,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Linkhome in the 4th quarter worth approximately $175,000.

Linkhome Price Performance

Shares of LHAI traded down $0.07 during mid-day trading on Tuesday, hitting $1.16. The stock had a trading volume of 19,274 shares, compared to its average volume of 457,357. Linkhome has a 52 week low of $1.02 and a 52 week high of $22.33. The business has a fifty day moving average price of $1.85 and a 200-day moving average price of $7.16. The firm has a market cap of $18.83 million and a P/E ratio of 29.01.

About Linkhome

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.