Short Interest in Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) Declines By 66.8%

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 2,213 shares, a decrease of 66.8% from the March 15th total of 6,670 shares. Based on an average daily trading volume, of 3,775 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.

Leishen Energy Trading Up 2.7%

Leishen Energy stock opened at $5.06 on Friday. Leishen Energy has a 12 month low of $3.80 and a 12 month high of $9.78. The stock has a 50-day moving average price of $4.75 and a two-hundred day moving average price of $4.94.

Leishen Energy (NASDAQ:LSE) last posted its earnings results on Friday, January 30th. The company reported $0.06 EPS for the quarter. The firm had revenue of $10.07 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Leishen Energy in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

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.