Linkhome Holdings Inc. (NASDAQ:LHAI) Sees Large Increase in Short Interest

Linkhome Holdings Inc. (NASDAQ:LHAI) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 291,601 shares, a growth of 59.9% from the January 29th total of 182,404 shares. Based on an average daily volume of 548,139 shares, the short-interest ratio is currently 0.5 days. Currently, 1.8% of the shares of the company are sold short. Currently, 1.8% of the shares of the company are sold short. Based on an average daily volume of 548,139 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Linkhome from a “sell” rating to a “hold” rating in a research report on Sunday, February 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Linkhome Price Performance

Shares of Linkhome stock traded down $0.08 during trading hours on Friday, hitting $1.24. The company had a trading volume of 127,986 shares, compared to its average volume of 469,993. The company’s 50-day moving average is $3.88 and its two-hundred day moving average is $7.84. The company has a market cap of $20.13 million and a P/E ratio of 31.01. Linkhome has a twelve month low of $1.02 and a twelve month high of $22.33.

Hedge Funds Weigh In On Linkhome

A number of institutional investors and hedge funds have recently made changes to their positions in LHAI. FNY Investment Advisers LLC purchased a new position in Linkhome during the 4th quarter valued at about $87,000. Cerity Partners LLC acquired a new stake in Linkhome during the 4th quarter worth approximately $91,000. Goldman Sachs Group Inc. acquired a new stake in Linkhome in the 4th quarter valued at $101,000. Citadel Advisors LLC acquired a new stake in shares of Linkhome in the third quarter valued at about $120,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Linkhome during the 4th quarter worth $175,000.

Linkhome Company Profile

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.