Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Drops By 38.9%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 14,129 shares, a decline of 38.9% from the August 15th total of 23,108 shares. Based on an average trading volume of 14,276 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the company’s shares are short sold.

Euro Tech Stock Performance

NASDAQ CLWT remained flat at $1.53 on Wednesday. 7,623 shares of the company’s stock traded hands, compared to its average volume of 651,257. The stock’s fifty day simple moving average is $1.60 and its 200-day simple moving average is $1.41. Euro Tech has a 1 year low of $0.99 and a 1 year high of $2.68.

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.