LQR House Inc. (NASDAQ:YHC) Stock Short Interest Jumps 60.7%

LQR House Inc. (NASDAQ:YHC) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 39,687 shares, an increase of 60.7% from the September 15th total of 24,702 shares. Based on an average trading volume of 121,388 shares, the short-interest ratio is presently 0.3 days. Approximately 3.4% of the shares of the company are sold short.

LQR House Price Performance

YHC stock traded down $0.19 on Friday, reaching $1.72. The company had a trading volume of 20,102 shares, compared to its average volume of 157,901. The company’s fifty day moving average is $1.51 and its 200 day moving average is $41.10. The company has a market cap of $2.24 million, a P/E ratio of -0.07 and a beta of 3.39. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.96 and a current ratio of 0.96. LQR House has a 1 year low of $1.21 and a 1 year high of $119.00.

LQR House (NASDAQ:YHC) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $12.54 earnings per share for the quarter. LQR House had a negative net margin of 1,588.72% and a negative return on equity of 14.06%. The business had revenue of $0.35 million during the quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on YHC. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About LQR House

LQR House Inc is an e-commerce and digital marketing company focused on the alcoholic beverage industry. The company develops and operates online shopping platforms designed to connect consumers with spirits and other alcoholic beverage products, while helping beverage brands expand their digital presence and reach customers.

In addition to online alcohol sales, LQR House provides digital marketing and customer-acquisition services, including social media, content, and promotional initiatives.