Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Down 73.5% in April

Linkhome Holdings Inc. (NASDAQ:LHAI) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 19,536 shares, a decline of 73.5% from the March 31st total of 73,751 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 41,938 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

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

Linkhome Stock Performance

LHAI traded down $0.01 during midday trading on Friday, reaching $1.07. 59,902 shares of the company were exchanged, compared to its average volume of 52,229. Linkhome has a one year low of $1.02 and a one year high of $22.33. The company’s fifty day moving average price is $1.25 and its 200 day moving average price is $5.88.

Linkhome (NASDAQ:LHAI) last posted its earnings results on Thursday, March 26th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $5.08 million during the quarter. Linkhome had a negative net margin of 1.10% and a negative return on equity of 4.62%.

Hedge Funds Weigh In On Linkhome

Hedge funds have recently bought and sold shares of the company. 683 Capital Management LLC bought a new stake in shares of Linkhome in the 4th quarter worth $573,000. OMERS ADMINISTRATION Corp bought a new position in shares of Linkhome during the fourth quarter valued at about $175,000. Goldman Sachs Group Inc. purchased a new position in Linkhome during the fourth quarter worth about $101,000. Millennium Management LLC purchased a new position in Linkhome during the third quarter worth about $268,000. Finally, Citadel Advisors LLC bought a new stake in Linkhome in the 3rd quarter worth about $120,000.

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.