Short Interest in E-Home Household Service Holdings Limited (NASDAQ:EJH) Declines By 34.4%

E-Home Household Service Holdings Limited (NASDAQ:EJH) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 8,670 shares, a decline of 34.4% from the May 14th total of 13,220 shares. Based on an average daily volume of 7,944 shares, the short-interest ratio is currently 1.1 days. Currently, 0.5% of the shares of the stock are short sold.

Insiders Place Their Bets

In other E-Home Household Service news, CEO Xie Wenshan purchased 192,000 shares of E-Home Household Service stock in a transaction that occurred on Thursday, April 23rd. The shares were bought at an average price of $1.25 per share, for a total transaction of $240,000.00. Following the completion of the transaction, the chief executive officer owned 744,295 shares of the company’s stock, valued at approximately $930,368.75. This trade represents a 34.76% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 10.68% of the company’s stock.

Institutional Trading of E-Home Household Service

An institutional investor recently bought a new position in E-Home Household Service stock. Goldman Sachs Group Inc. bought a new stake in shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned 0.14% of E-Home Household Service at the end of the most recent quarter. 37.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of E-Home Household Service in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, E-Home Household Service presently has a consensus rating of “Sell”.

E-Home Household Service Trading Down 0.3%

EJH stock traded down $0.00 during mid-day trading on Tuesday, reaching $1.58. 4,899 shares of the stock traded hands, compared to its average volume of 47,405. E-Home Household Service has a one year low of $1.25 and a one year high of $108.75. The business has a 50-day moving average price of $1.64 and a two-hundred day moving average price of $10.93.

E-Home Household Service (NASDAQ:EJH) last posted its quarterly earnings data on Monday, April 13th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $13.15 million for the quarter.

E-Home Household Service Company Profile

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.