Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Up 1,769.7% in March

Li Bang International Corporation Inc. (NASDAQ:LBGJ) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,286,798 shares, a growth of 1,769.7% from the February 26th total of 68,824 shares. Based on an average daily trading volume, of 12,551,692 shares, the short-interest ratio is currently 0.1 days. Currently, 38.9% of the shares of the stock are short sold. Currently, 38.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,551,692 shares, the short-interest ratio is currently 0.1 days.

Li Bang International Price Performance

Shares of LBGJ stock opened at $0.02 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.18 and a quick ratio of 1.09. The business’s 50-day moving average price is $0.55 and its 200-day moving average price is $0.68. Li Bang International has a 12 month low of $0.02 and a 12 month high of $2.00.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Li Bang International in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Li Bang International currently has a consensus rating of “Sell”.

Li Bang International Company Profile

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.