Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Stock Short Interest Report for October

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 25,697 shares, a decrease of 91.9% from the October 15th total of 315,482 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 499,869 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several equities research analysts have issued reports on LHSW shares. Wall Street Zen downgraded shares of Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Lianhe Sowell International Group in a research note on Friday, August 14th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Lianhe Sowell International Group has a consensus rating of “Sell”.

Lianhe Sowell International Group Trading Down 10.2%

Shares of NASDAQ:LHSW traded down $0.39 during trading on Tuesday, reaching $3.42. 12,954 shares of the company traded hands, compared to its average volume of 436,083. Lianhe Sowell International Group has a 52 week low of $3.05 and a 52 week high of $247.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.04 and a current ratio of 1.07. The company’s 50 day moving average is $7.42 and its two-hundred day moving average is $23.61.

Lianhe Sowell International Group (NASDAQ:LHSW) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($6.32) EPS for the quarter. The business had revenue of $8.37 million for the quarter.

About Lianhe Sowell International Group

Lianhe Sowell International Group Limited (NASDAQ: LHSW) is an industrial automation company focused on providing equipment and solutions for manufacturers. Its business centers on the design, development and production of automated machinery and related systems intended to improve manufacturing efficiency and production processes. The company provides customized automation solutions that may include automated production-line equipment, robotic systems, assembly and testing machinery, and related integration services.