Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Rises By 105.8%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 42,433 shares, an increase of 105.8% from the May 14th total of 20,617 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average trading volume of 12,379 shares, the days-to-cover ratio is currently 3.4 days.

Euro Tech Trading Down 3.0%

Shares of NASDAQ CLWT traded down $0.04 during trading hours on Friday, hitting $1.28. 234,207 shares of the stock were exchanged, compared to its average volume of 1,246,852. The firm has a fifty day moving average price of $1.23 and a 200-day moving average price of $1.22. Euro Tech has a 12 month low of $0.99 and a 12 month high of $1.63.

Euro Tech (NASDAQ:CLWT) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.02 EPS for the quarter. The firm had revenue of $3.69 million for the quarter.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.