LQR House Inc. (NASDAQ:YHC) Short Interest Update

LQR House Inc. (NASDAQ:YHC) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 247,921 shares, a growth of 27.4% from the March 15th total of 194,574 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily trading volume, of 244,544 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of LQR House

A hedge fund recently bought a new stake in LQR House stock. XTX Topco Ltd bought a new stake in shares of LQR House Inc. (NASDAQ:YHC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 74,758 shares of the company’s stock, valued at approximately $67,000. XTX Topco Ltd owned 0.53% of LQR House as of its most recent filing with the Securities and Exchange Commission.

LQR House Trading Down 5.4%

LQR House stock opened at $0.86 on Friday. The firm has a market cap of $12.14 million, a price-to-earnings ratio of -0.01 and a beta of 3.47. The stock has a fifty day simple moving average of $0.91 and a two-hundred day simple moving average of $0.90. LQR House has a 12 month low of $0.53 and a 12 month high of $11.14.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

About LQR House

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.