LightInTheBox Holding Co., Ltd. (NYSE:LITB) Short Interest Down 27.7% in December

LightInTheBox Holding Co., Ltd. (NYSE:LITB) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 8,058 shares, a decline of 27.7% from the November 30th total of 11,139 shares. Based on an average daily trading volume, of 9,020 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 9,020 shares, the short-interest ratio is currently 0.9 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of LightInTheBox in a research report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, LightInTheBox has a consensus rating of “Sell”.

LightInTheBox Trading Up 3.8%

NYSE:LITB opened at $2.44 on Monday. The stock has a 50 day moving average of $2.40 and a two-hundred day moving average of $1.83. LightInTheBox has a 12 month low of $0.91 and a 12 month high of $4.17. The firm has a market cap of $44.87 million, a P/E ratio of 8.41 and a beta of -0.30.

LightInTheBox (NYSE:LITB) last issued its quarterly earnings results on Wednesday, November 12th. The technology company reported $0.15 earnings per share (EPS) for the quarter. LightInTheBox had a negative return on equity of 49.34% and a net margin of 2.47%.The firm had revenue of $55.46 million for the quarter.

About LightInTheBox

LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.

Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.