Linkhome Holdings Inc. (NASDAQ:LHAI) Sees Large Drop in Short Interest

Linkhome Holdings Inc. (NASDAQ:LHAI) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 59,470 shares, a decline of 24.0% from the November 30th total of 78,289 shares. Based on an average trading volume of 125,026 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 125,026 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on shares of Linkhome in a report on Friday, October 17th. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Linkhome stock. Citadel Advisors LLC acquired a new stake in Linkhome Holdings Inc. (NASDAQ:LHAI) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,247 shares of the company’s stock, valued at approximately $120,000. Citadel Advisors LLC owned 0.08% of Linkhome at the end of the most recent reporting period.

Linkhome Trading Up 4.1%

LHAI stock traded up $0.32 during mid-day trading on Tuesday, reaching $8.10. 420,966 shares of the company traded hands, compared to its average volume of 1,124,801. The firm has a market cap of $131.46 million and a PE ratio of 202.55. The company has a 50 day simple moving average of $11.10. Linkhome has a fifty-two week low of $4.20 and a fifty-two week high of $22.33.

Linkhome Company Profile

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.