Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) Sees Significant Increase in Short Interest

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 4,560 shares, an increase of 1,607.9% from the December 15th total of 267 shares. Based on an average trading volume of 8,552 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 8,552 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Leishen Energy in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Leishen Energy has an average rating of “Sell”.

Leishen Energy Stock Down 1.5%

LSE opened at $4.50 on Tuesday. The firm’s fifty day simple moving average is $4.88 and its two-hundred day simple moving average is $5.26. Leishen Energy has a 52-week low of $4.03 and a 52-week high of $14.99.

Leishen Energy Company Profile

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC. Our Group comprises 12 subsidiaries, established in, having branches, offices or customer service centers in the Xinjiang, Sichuan, Shandong and Jiangsu provinces of China, as well as Hong Kong.