Short Interest in LightInTheBox Holding Co., Ltd. (NYSE:LITB) Grows By 51.8%

LightInTheBox Holding Co., Ltd. (NYSE:LITBGet Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 12,236 shares, a growth of 51.8% from the December 15th total of 8,058 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 36,795 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 36,795 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

LightInTheBox Stock Performance

LITB stock traded down $0.28 on Friday, reaching $2.51. The company’s stock had a trading volume of 18,180 shares, compared to its average volume of 30,335. The firm has a market cap of $46.16 million, a PE ratio of 8.66 and a beta of -0.29. The business has a fifty day simple moving average of $2.22 and a two-hundred day simple moving average of $1.97. LightInTheBox has a 12-month low of $0.91 and a 12-month high of $4.17.

LightInTheBox (NYSE:LITBGet Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The technology company reported $0.15 EPS for the quarter. LightInTheBox had a net margin of 2.47% and a negative return on equity of 49.34%. The business had revenue of $55.46 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of LightInTheBox in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, LightInTheBox currently has a consensus rating of “Sell”.

Read Our Latest Report on LightInTheBox

About LightInTheBox

(Get Free Report)

LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.

Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.

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