Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Up 59.9% in February

Linkhome Holdings Inc. (NASDAQ:LHAI) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 291,601 shares, a growth of 59.9% from the January 29th total of 182,404 shares. Based on an average daily volume of 548,139 shares, the short-interest ratio is presently 0.5 days. Approximately 1.8% of the company’s stock are short sold. Approximately 1.8% of the company’s stock are short sold. Based on an average daily volume of 548,139 shares, the short-interest ratio is presently 0.5 days.

Linkhome Stock Down 6.1%

Shares of NASDAQ:LHAI traded down $0.08 during trading on Friday, hitting $1.24. The stock had a trading volume of 127,986 shares, compared to its average volume of 469,993. Linkhome has a 12 month low of $1.02 and a 12 month high of $22.33. The company has a market capitalization of $20.13 million and a PE ratio of 31.01. The firm’s fifty day moving average is $3.88 and its 200 day moving average is $7.84.

Institutional Investors Weigh In On Linkhome

Hedge funds and other institutional investors have recently modified their holdings of the stock. 683 Capital Management LLC purchased a new position in shares of Linkhome in the 4th quarter worth $573,000. Millennium Management LLC bought a new position in Linkhome in the 3rd quarter worth about $268,000. OMERS ADMINISTRATION Corp purchased a new position in Linkhome during the 4th quarter worth $175,000. Citadel Advisors LLC bought a new stake in shares of Linkhome in the 3rd quarter valued at about $120,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Linkhome in the 4th quarter valued at about $101,000.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Linkhome from a “sell” rating to a “hold” rating in a research report on Sunday, February 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Linkhome has an average rating of “Sell”.

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.