Euro Tech Holdings Company Limited (NASDAQ:CLWT) Shares Shorted: Short Interest Down 48.5% in September

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 7,274 shares, a decrease of 48.5% from the August 31st total of 14,129 shares. Based on an average daily volume of 16,364 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are short sold.

Euro Tech Stock Performance

Shares of Euro Tech stock traded up $0.04 during mid-day trading on Thursday, hitting $1.42. The stock had a trading volume of 793 shares, compared to its average volume of 611,710. The firm has a 50-day moving average of $1.57 and a two-hundred day moving average of $1.42. Euro Tech has a 12-month low of $0.99 and a 12-month high of $2.68.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Euro Tech Company Profile

Euro Tech Holdings Company Limited (NASDAQ: CLWT), also known as Euro Tech, is a Hong Kong-based distributor of water-treatment equipment, laboratory instruments and industrial products. The company serves businesses and institutions that require equipment for water and wastewater treatment, environmental monitoring, scientific testing and related industrial applications.

Its product offerings include water-treatment systems and components, pumps, valves, meters, membranes and other equipment used in municipal and industrial applications.