Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Large Growth in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 3,900 shares, an increase of 8.3% from the March 15th total of 3,600 shares. Based on an average daily volume of 11,800 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Euro Tech Stock Performance

CLWT stock opened at $1.58 on Wednesday. The firm’s fifty day moving average is $1.49 and its 200 day moving average is $1.50. Euro Tech has a one year low of $1.01 and a one year high of $1.82.

Institutional Trading of Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors LLC acquired a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned approximately 0.28% of Euro Tech as of its most recent SEC filing. Hedge funds and other institutional investors own 2.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Euro Tech in a research report on Tuesday. They set a “sell” rating on the stock.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.