Short Interest in Linkhome Holdings Inc. (NASDAQ:LHAI) Declines By 72.8%

Linkhome Holdings Inc. (NASDAQ:LHAI) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 182,404 shares, a decline of 72.8% from the January 15th total of 670,475 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 1,294,170 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,294,170 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.1% of the shares of the company are sold short.

Linkhome Stock Down 2.2%

Shares of NASDAQ:LHAI traded down $0.03 during trading on Friday, reaching $1.34. 95,877 shares of the company traded hands, compared to its average volume of 782,400. The firm has a market capitalization of $21.75 million and a PE ratio of 33.51. Linkhome has a 52 week low of $1.02 and a 52 week high of $22.33. The company’s 50 day moving average is $6.33 and its two-hundred day moving average is $8.25.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings assumed coverage on shares of Linkhome in a research report on Friday, October 17th. They issued a “sell (e-)” rating for the company. Wall Street Zen upgraded shares of Linkhome from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Hedge Funds Weigh In On Linkhome

Several hedge funds have recently bought and sold shares of LHAI. Millennium Management LLC bought a new stake in shares of Linkhome during the 3rd quarter worth approximately $268,000. Goldman Sachs Group Inc. acquired a new position in Linkhome during the fourth quarter valued at approximately $101,000. Citadel Advisors LLC bought a new stake in Linkhome during the third quarter worth $120,000. Cerity Partners LLC acquired a new stake in shares of Linkhome in the 4th quarter valued at $91,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Linkhome during the 4th quarter worth $87,000.

About Linkhome

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.