Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Short Interest Update

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 51,463 shares, a decrease of 54.0% from the June 30th total of 111,851 shares. Based on an average trading volume of 11,600,920 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.6% of the shares of the stock are short sold.

Lianhe Sowell International Group Trading Down 5.2%

LHSW traded down $0.14 during trading on Thursday, hitting $2.48. The company’s stock had a trading volume of 16,896 shares, compared to its average volume of 1,054,419. Lianhe Sowell International Group has a twelve month low of $1.12 and a twelve month high of $47.52. The firm’s 50 day moving average price is $2.61 and its 200-day moving average price is $4.23.

Hedge Funds Weigh In On Lianhe Sowell International Group

An institutional investor recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC purchased a new position in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,224 shares of the company’s stock, valued at approximately $42,000.

Analysts Set New Price Targets

A number of research firms recently commented on LHSW. Weiss Ratings upgraded Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. Wall Street Zen raised shares of Lianhe Sowell International Group to a “hold” rating in a research note on Saturday, July 25th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Lianhe Sowell International Group Company Profile

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.