Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Down 28.3% in February

Linkhome Holdings Inc. (NASDAQ:LHAI) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 209,074 shares, a decline of 28.3% from the February 12th total of 291,601 shares. Based on an average daily trading volume, of 82,567 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.3% of the company’s shares are short sold. Currently, 1.3% of the company’s shares are short sold. Based on an average daily trading volume, of 82,567 shares, the days-to-cover ratio is currently 2.5 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Linkhome from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Linkhome

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new position in shares of Linkhome during the 4th quarter worth about $87,000. Cerity Partners LLC bought a new stake in shares of Linkhome in the 4th quarter valued at about $91,000. Goldman Sachs Group Inc. acquired a new stake in shares of Linkhome in the 4th quarter valued at approximately $101,000. Citadel Advisors LLC acquired a new stake in shares of Linkhome in the 3rd quarter valued at approximately $120,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Linkhome during the 4th quarter worth approximately $175,000.

Linkhome Trading Down 1.4%

Shares of NASDAQ:LHAI traded down $0.02 during midday trading on Friday, hitting $1.39. The company had a trading volume of 116,692 shares, compared to its average volume of 86,999. Linkhome has a 12 month low of $1.02 and a 12 month high of $22.33. The firm has a fifty day simple moving average of $2.57 and a 200 day simple moving average of $7.48. The stock has a market cap of $22.56 million and a price-to-earnings ratio of 34.75.

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.