Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Short Interest Update

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 51,463 shares, a drop of 54.0% from the June 30th total of 111,851 shares. Based on an average daily trading volume, of 11,600,920 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.6% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LHSW shares. Weiss Ratings raised Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. Wall Street Zen raised shares of Lianhe Sowell International Group to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Lianhe Sowell International Group Stock Performance

NASDAQ LHSW traded down $0.11 on Wednesday, hitting $2.63. 57,012 shares of the company’s stock were exchanged, compared to its average volume of 1,061,673. The firm’s 50-day moving average price is $2.62 and its two-hundred day moving average price is $4.30. Lianhe Sowell International Group has a fifty-two week low of $1.12 and a fifty-two week high of $47.52.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC acquired a new position in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,224 shares of the company’s stock, valued at approximately $42,000.

About Lianhe Sowell International Group

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.