Euro Tech Holdings Company Ltd (NASDAQ:CLWT) Short Interest Down 18.6% in August
Euro Tech Holdings Company Ltd (NASDAQ:CLWT) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 24,500 shares, a decline of 18.6% from the July 31st total of 30,100 shares. Based on an average daily trading volume, of 21,000 shares, the short-interest ratio is presently 1.2 days. Approximately 2.7% of the company’s shares are sold short.
Separately, ValuEngine cut shares of Euro Tech from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th.
Shares of NASDAQ CLWT traded up $0.01 during trading on Thursday, reaching $4.15. 98 shares of the stock were exchanged, compared to its average volume of 160,270. The business’s 50-day moving average price is $3.99 and its 200 day moving average price is $4.09. Euro Tech has a twelve month low of $2.25 and a twelve month high of $11.73.
Euro Tech Company Profile
Euro Tech Holdings Company Limited, through its subsidiaries, distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.
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