Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Sees Large Increase in Short Interest

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 117,675 shares, a growth of 184.4% from the December 31st total of 41,378 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 2,945,284 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 2,945,284 shares, the short-interest ratio is currently 0.0 days. Currently, 0.2% of the company’s stock are short sold.

Lianhe Sowell International Group Stock Down 1.6%

Shares of LHSW stock opened at $0.61 on Friday. Lianhe Sowell International Group has a fifty-two week low of $0.51 and a fifty-two week high of $8.18. The stock’s 50-day moving average is $0.85 and its two-hundred day moving average is $1.75.

Hedge Funds Weigh In On Lianhe Sowell International Group

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC bought a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,224 shares of the company’s stock, valued at approximately $42,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Lianhe Sowell International Group in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Lianhe Sowell International Group Company Profile

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.