Short Interest in E-Home Household Service Holdings Limited (NASDAQ:EJH) Drops By 57.3%

E-Home Household Service Holdings Limited (NASDAQ:EJH) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 94,021 shares, a decline of 57.3% from the December 15th total of 220,434 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 141,879 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 141,879 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of E-Home Household Service in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, E-Home Household Service has an average rating of “Sell”.

E-Home Household Service Stock Performance

EJH stock traded down $0.01 during mid-day trading on Friday, reaching $0.79. 67,296 shares of the company’s stock were exchanged, compared to its average volume of 122,810. The stock’s 50 day moving average is $0.84 and its 200 day moving average is $1.24. E-Home Household Service has a 12-month low of $0.73 and a 12-month high of $64.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in E-Home Household Service stock. Goldman Sachs Group Inc. acquired a new position in E-Home Household Service Holdings Limited (NASDAQ:EJH) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned about 3.10% of E-Home Household Service at the end of the most recent quarter. Hedge funds and other institutional investors own 37.31% of the company’s stock.

About E-Home Household Service

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.