Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Sees Significant Growth in Short Interest

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 665,904 shares, an increase of 361.6% from the April 15th total of 144,269 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 4,690,463 shares, the short-interest ratio is currently 0.1 days.

Lianhe Sowell International Group Stock Performance

Lianhe Sowell International Group stock traded up $0.03 during trading hours on Thursday, reaching $0.24. The stock had a trading volume of 734,367 shares, compared to its average volume of 2,765,521. The business’s 50 day moving average price is $0.19 and its 200-day moving average price is $0.67. Lianhe Sowell International Group has a 52 week low of $0.07 and a 52 week high of $3.23.

Lianhe Sowell International Group (NASDAQ:LHSW) last issued its quarterly earnings data on Friday, March 27th. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $13.27 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lianhe Sowell International Group stock. Citadel Advisors LLC acquired a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,224 shares of the company’s stock, valued at approximately $42,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Lianhe Sowell International Group Company Profile

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.