Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Update

Li Bang International Corporation Inc. (NASDAQ:LBGJ) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 68,824 shares, a growth of 407.7% from the February 12th total of 13,555 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily volume of 11,737,566 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 11,737,566 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.1% of the shares of the stock are sold short.

Li Bang International Stock Down 2.2%

NASDAQ:LBGJ traded down $0.00 during trading hours on Tuesday, reaching $0.09. The company’s stock had a trading volume of 5,056,033 shares, compared to its average volume of 10,298,548. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.18 and a quick ratio of 1.09. The firm has a 50-day simple moving average of $0.68 and a 200-day simple moving average of $0.76. Li Bang International has a 1 year low of $0.08 and a 1 year high of $2.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Li Bang International in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Li Bang International

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.