Antelope Enterprise Holdings L (NASDAQ:AEHL) Sees Large Decrease in Short Interest

Antelope Enterprise Holdings L (NASDAQ:AEHL) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 55,453 shares, a decline of 86.9% from the August 31st total of 423,952 shares. Approximately 5.3% of the company’s shares are sold short. Based on an average trading volume of 2,646,003 shares, the short-interest ratio is presently 0.0 days.

Antelope Enterprise Holdings L Stock Up 8.9%

Shares of AEHL stock opened at $8.96 on Friday. The business’s fifty day moving average is $7.26 and its 200 day moving average is $16.16. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 0.02. Antelope Enterprise Holdings L has a twelve month low of $2.98 and a twelve month high of $418.08.

Antelope Enterprise Holdings L (NASDAQ:AEHL) last announced its earnings results on Tuesday, June 30th. The company reported ($7.12) EPS for the quarter. The firm had revenue of $14.95 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Antelope Enterprise Holdings L has an average rating of “Sell”.

Antelope Enterprise Holdings L Company Profile

Antelope Enterprise Holdings Limited is a China-based company focused primarily on live-streaming and social-commerce activities. Through its digital platforms and related services, the company supports online product promotion, consumer engagement and e-commerce transactions.

The company previously operated as China Ceramics Co, Ltd. and was engaged in the manufacture and sale of ceramic tiles for residential and commercial construction. Its historical product portfolio included glazed, polished, porcelain and rustic tiles, which were marketed in China through its operating subsidiaries.

Antelope Enterprise is headquartered in China and has shifted its business strategy from traditional ceramic-tile manufacturing toward digital commerce and live-streaming services.