LQR House Inc. (NASDAQ:YHC – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 374,106 shares, a growth of 237.4% from the May 31st total of 110,877 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average trading volume of 635,493 shares, the short-interest ratio is currently 0.6 days.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.
View Our Latest Stock Analysis on YHC
LQR House Stock Up 8.4%
LQR House (NASDAQ:YHC – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. LQR House had a negative return on equity of 45.42% and a negative net margin of 1,769.54%.The business had revenue of $0.22 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in LQR House stock. Geode Capital Management LLC purchased a new stake in LQR House Inc. (NASDAQ:YHC – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned approximately 0.21% of LQR House at the end of the most recent reporting period.
LQR House Company Profile
LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.
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