LQR House Inc. (NASDAQ:YHC) Sees Significant Growth in Short Interest

LQR House Inc. (NASDAQ:YHC) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 39,687 shares, an increase of 60.7% from the September 15th total of 24,702 shares. Based on an average daily volume of 121,388 shares, the days-to-cover ratio is presently 0.3 days. Currently, 3.4% of the company’s shares are sold short.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of LQR House in a research report on Friday, July 17th. Wall Street Zen upgraded LQR House from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

LQR House Trading Down 1.5%

NASDAQ YHC opened at $1.91 on Friday. The company has a market cap of $2.49 million, a P/E ratio of -0.08 and a beta of 3.39. LQR House has a 12 month low of $1.21 and a 12 month high of $119.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.96. The company has a 50-day moving average of $1.51 and a 200-day moving average of $41.37.

LQR House (NASDAQ:YHC) last released its earnings results on Wednesday, August 19th. The company reported $12.54 earnings per share (EPS) for the quarter. LQR House had a negative net margin of 1,588.72% and a negative return on equity of 14.06%. The business had revenue of $0.35 million for the quarter.

LQR House Company Profile

LQR House Inc is an e-commerce and digital marketing company focused on the alcoholic beverage industry. The company develops and operates online shopping platforms designed to connect consumers with spirits and other alcoholic beverage products, while helping beverage brands expand their digital presence and reach customers.

In addition to online alcohol sales, LQR House provides digital marketing and customer-acquisition services, including social media, content, and promotional initiatives.