Wellchange Holdings Company Limited (NASDAQ:WCT – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 76,138 shares, a decline of 73.4% from the September 30th total of 285,698 shares. Based on an average trading volume of 1,331,131 shares, the short-interest ratio is presently 0.1 days. Currently, 13.1% of the company’s shares are short sold.
Wellchange Stock Performance
Shares of NASDAQ:WCT opened at $0.31 on Wednesday. Wellchange has a 52-week low of $0.30 and a 52-week high of $72.50. The business has a 50-day moving average price of $4.32 and a 200-day moving average price of $13.20.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Wellchange in a research report on Tuesday, August 18th. Wall Street Zen raised Wellchange from a “sell” rating to a “hold” rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on WCT
Wellchange Company Profile
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