Short Interest in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Decreases By 54.0%

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 51,463 shares, a decline of 54.0% from the June 30th total of 111,851 shares. Based on an average daily volume of 11,600,920 shares, the short-interest ratio is presently 0.0 days. Approximately 1.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On Lianhe Sowell International Group

A hedge fund recently bought a new position in Lianhe Sowell International Group stock. Marex Group plc acquired a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 33,815 shares of the company’s stock, valued at approximately $57,000. Marex Group plc owned about 0.07% of Lianhe Sowell International Group as of its most recent filing with the Securities & Exchange Commission.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on LHSW shares. Wall Street Zen upgraded Lianhe Sowell International Group to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Lianhe Sowell International Group Price Performance

NASDAQ:LHSW traded up $0.43 during trading hours on Tuesday, reaching $2.74. The company’s stock had a trading volume of 124,708 shares, compared to its average volume of 1,068,734. The firm has a 50-day simple moving average of $2.64 and a 200-day simple moving average of $4.37. Lianhe Sowell International Group has a 1 year low of $1.12 and a 1 year high of $47.52.

About Lianhe Sowell International Group

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.