Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Decreases By 13.4%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 34,705 shares, a decrease of 13.4% from the December 31st total of 40,095 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 5,020 shares, the short-interest ratio is currently 6.9 days. Based on an average daily volume of 5,020 shares, the short-interest ratio is currently 6.9 days. Approximately 2.1% of the company’s stock are short sold.

Euro Tech Stock Down 2.3%

Shares of Euro Tech stock traded down $0.03 during trading on Wednesday, hitting $1.25. 266 shares of the stock traded hands, compared to its average volume of 5,172. The company has a fifty day moving average price of $1.20 and a two-hundred day moving average price of $1.24. Euro Tech has a twelve month low of $0.99 and a twelve month high of $1.63.

Euro Tech (NASDAQ:CLWT) last issued its quarterly earnings data on Tuesday, December 30th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $2.94 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Euro Tech in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.