Short Interest in Linkhome Holdings Inc. (NASDAQ:LHAI) Expands By 86.9%

Linkhome Holdings Inc. (NASDAQ:LHAI) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 73,751 shares, a growth of 86.9% from the March 15th total of 39,456 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 50,867 shares, the days-to-cover ratio is currently 1.4 days.

Linkhome Price Performance

Shares of NASDAQ LHAI opened at $1.16 on Monday. The stock’s fifty day simple moving average is $1.28 and its two-hundred day simple moving average is $6.40. Linkhome has a 12-month low of $1.02 and a 12-month high of $22.33.

Linkhome (NASDAQ:LHAI) last announced its earnings results on Thursday, March 26th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $5.08 million for the quarter. Linkhome had a negative net margin of 1.10% and a negative return on equity of 4.62%.

Institutional Trading of Linkhome

Hedge funds and other institutional investors have recently bought and sold shares of the stock. 683 Capital Management LLC acquired a new stake in shares of Linkhome in the 4th quarter worth $573,000. Millennium Management LLC acquired a new stake in shares of Linkhome in the 3rd quarter worth $268,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Linkhome in the 4th quarter worth $175,000. Goldman Sachs Group Inc. acquired a new stake in shares of Linkhome in the 4th quarter worth $101,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Linkhome in the 3rd quarter worth $120,000.

Analyst Ratings Changes

Separately, Wall Street Zen raised Linkhome from a “sell” rating to a “hold” rating in a research report on Sunday, February 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Linkhome Company Profile

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.