E-Home Household Service Holdings Limited (NASDAQ:EJH) Stock Short Interest Drops 52.3%

E-Home Household Service Holdings Limited (NASDAQ:EJH) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 10,753 shares, a decline of 52.3% from the August 31st total of 22,555 shares. Based on an average daily trading volume, of 20,411 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.6% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of E-Home Household Service in a report on Monday, September 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

E-Home Household Service Price Performance

Shares of E-Home Household Service stock traded up $0.33 during trading on Tuesday, hitting $1.54. 1,009,372 shares of the stock traded hands, compared to its average volume of 159,674. E-Home Household Service has a 52 week low of $1.01 and a 52 week high of $27.00. The firm’s fifty day moving average is $1.35 and its 200-day moving average is $1.64.

E-Home Household Service Company Profile

E-Home Household Service Holdings Limited (NASDAQ: EJH) is a China-based provider of household and lifestyle services. The company connects customers with service personnel through its online and offline service platforms, addressing routine home-maintenance and family-care needs.

Its services have included residential cleaning, deep cleaning, appliance cleaning, housekeeping, nanny and maternity-care services, elderly care, and related home-service offerings. The company has also provided home-appliance installation and maintenance services, supporting households with recurring and one-time domestic needs.

E-Home was established in 2014 and is headquartered in Fuzhou, Fujian Province, China.