Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Update

Li Bang International Corporation Inc. (NASDAQ:LBGJ) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 35,755 shares, a drop of 24.8% from the December 31st total of 47,528 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily volume of 150,160 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 150,160 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.1% of the company’s shares are short sold.

Li Bang International Price Performance

NASDAQ LBGJ traded up $0.00 on Tuesday, reaching $0.85. The company had a trading volume of 49,126 shares, compared to its average volume of 59,799. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.18. Li Bang International has a fifty-two week low of $0.42 and a fifty-two week high of $2.93. The business has a 50 day moving average of $0.69 and a two-hundred day moving average of $0.88.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Li Bang International in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average 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.