Short Interest in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Declines By 39.9%

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,196 shares, a decrease of 39.9% from the August 15th total of 21,939 shares. Based on an average trading volume of 251,435 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on LHSW shares. Wall Street Zen cut shares of Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Weiss Ratings reissued a “sell (d)” rating on shares of Lianhe Sowell International Group in a research report on Friday, August 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Lianhe Sowell International Group Trading Down 7.6%

NASDAQ:LHSW traded down $0.04 on Wednesday, reaching $0.52. 814,729 shares of the company’s stock were exchanged, compared to its average volume of 1,785,542. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 1.04. The stock has a fifty day simple moving average of $2.74 and a 200-day simple moving average of $2.84. Lianhe Sowell International Group has a 52 week low of $0.43 and a 52 week high of $47.52.

Lianhe Sowell International Group (NASDAQ:LHSW) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.79) EPS for the quarter. The company had revenue of $8.37 million for the quarter.

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.