Linkhome Holdings Inc. (NASDAQ:LHAI) Sees Large Increase in Short Interest

Linkhome Holdings Inc. (NASDAQ:LHAI) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 939,008 shares, a growth of 1,479.0% from the December 15th total of 59,470 shares. Based on an average daily volume of 1,943,313 shares, the short-interest ratio is presently 0.5 days. Approximately 5.8% of the company’s shares are short sold. Approximately 5.8% of the company’s shares are short sold. Based on an average daily volume of 1,943,313 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Linkhome

An institutional investor recently bought a new position in Linkhome stock. Citadel Advisors LLC purchased a new position in Linkhome Holdings Inc. (NASDAQ:LHAI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,247 shares of the company’s stock, valued at approximately $120,000. Citadel Advisors LLC owned 0.08% of Linkhome as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of Linkhome in a research note on Friday, October 17th. They set a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Linkhome Trading Down 6.0%

Shares of LHAI stock opened at $6.69 on Tuesday. Linkhome has a fifty-two week low of $4.20 and a fifty-two week high of $22.33. The firm’s 50 day simple moving average is $10.54. The firm has a market capitalization of $108.58 million and a PE ratio of 167.29.

About Linkhome

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.