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.

An institutional investor recently raised its position in Euro Tech stock. Morgan Stanley lifted its position in shares of Euro Tech Holdings Company Ltd (NASDAQ:CLWT) by 426.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,922 shares of the company’s stock after purchasing an additional 20,996 shares during the period. Morgan Stanley owned about 1.26% of Euro Tech worth $110,000 as of its most recent SEC filing. Institutional investors own 2.62% of the company’s stock.

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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