Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Down 81.1% in March

Linkhome Holdings Inc. (NASDAQ:LHAI) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 39,456 shares, a decrease of 81.1% from the February 26th total of 209,074 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 94,794 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 94,794 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded 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, Based on data from MarketBeat.com, 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 business. FNY Investment Advisers LLC purchased a new stake in shares of Linkhome in the 4th quarter valued at about $87,000. Cerity Partners LLC purchased a new position in shares of Linkhome during the fourth quarter worth about $91,000. Citadel Advisors LLC bought a new position in shares of Linkhome in the third quarter worth approximately $120,000. Goldman Sachs Group Inc. purchased a new stake in Linkhome in the fourth quarter valued at approximately $101,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Linkhome in the fourth quarter valued at approximately $175,000.

Linkhome Trading Down 5.7%

Shares of LHAI traded down $0.07 during mid-day trading on Tuesday, reaching $1.16. 19,274 shares of the stock traded hands, compared to its average volume of 457,357. The firm has a fifty day moving average price of $1.85 and a 200 day moving average price of $7.16. The company has a market cap of $18.83 million and a price-to-earnings ratio of 29.01. Linkhome has a 1 year low of $1.02 and a 1 year high of $22.33.

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.