Short Interest in SOS Limited Unsponsored ADR (NYSE:SOS) Expands By 145.5%

SOS Limited Unsponsored ADR (NYSE:SOS) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 469,592 shares, a growth of 145.5% from the February 26th total of 191,267 shares. Approximately 7.1% of the company’s shares are short sold. Based on an average daily trading volume, of 256,290 shares, the days-to-cover ratio is presently 1.8 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SOS in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, SOS presently has an average rating of “Sell”.

SOS Price Performance

Shares of SOS stock opened at $0.98 on Friday. The business’s 50 day simple moving average is $1.36 and its 200 day simple moving average is $1.54. SOS has a 52-week low of $0.90 and a 52-week high of $9.62.

Institutional Investors Weigh In On SOS

A hedge fund recently bought a new stake in SOS stock. Invesco Ltd. purchased a new position in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned approximately 4.65% of SOS at the end of the most recent reporting period. Institutional investors own 1.92% of the company’s stock.

SOS Company Profile

SOS Limited is a China-based specialty chemical company that develops, manufactures and markets a broad portfolio of water treatment, glycol and surfactant products. Founded in 1997 and headquartered in Shanghai, the company focuses on delivering high-performance solutions for industrial, municipal and household applications. Its core mission is to address water conservation and pollution control challenges while supporting downstream industries with essential chemical inputs.

The company’s primary offerings include a range of water treatment chemicals such as coagulants, flocculants and scale inhibitors designed for use in power plants, petrochemical facilities, and municipal waterworks.