Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Down 23.4% in December

Li Bang International Corporation Inc. (NASDAQ:LBGJ) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 47,528 shares, a decline of 23.4% from the December 15th total of 62,030 shares. Based on an average daily volume of 72,287 shares, the short-interest ratio is currently 0.7 days. Approximately 1.4% of the company’s shares are short sold. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 72,287 shares, the short-interest ratio is currently 0.7 days.

Li Bang International Price Performance

NASDAQ LBGJ traded up $0.03 during trading hours on Friday, hitting $0.75. The company’s stock had a trading volume of 26,517 shares, compared to its average volume of 111,538. Li Bang International has a twelve month low of $0.42 and a twelve month high of $3.19. The company has a current ratio of 1.18, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average of $0.66 and a 200 day moving average of $0.93.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Li Bang International in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Li Bang International presently has a consensus rating of “Sell”.

About Li Bang International

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.