Yunhong Green CTI Ltd. (NASDAQ:YHGJ) Sees Significant Growth in Short Interest

Yunhong Green CTI Ltd. (NASDAQ:YHGJ) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,810 shares, a growth of 67.1% from the July 15th total of 3,478 shares. Based on an average trading volume of 9,136 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are short sold.

Yunhong Green CTI Stock Performance

Shares of YHGJ opened at $3.27 on Monday. Yunhong Green CTI has a 1 year low of $2.38 and a 1 year high of $10.29. The company’s 50 day simple moving average is $3.15 and its 200 day simple moving average is $3.11. The company has a market capitalization of $8.53 million, a price-to-earnings ratio of -2.95 and a beta of 0.52.

Yunhong Green CTI (NASDAQ:YHGJ) last released its earnings results on Friday, August 7th. The company reported ($0.22) EPS for the quarter. The firm had revenue of $3.90 million during the quarter. Yunhong Green CTI had a negative return on equity of 38.81% and a negative net margin of 14.43%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Yunhong Green CTI in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yunhong Green CTI stock. Geode Capital Management LLC acquired a new position in shares of Yunhong Green CTI Ltd. (NASDAQ:YHGJ) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,022 shares of the company’s stock, valued at approximately $36,000. Geode Capital Management LLC owned 0.36% of Yunhong Green CTI at the end of the most recent reporting period. 2.05% of the stock is currently owned by institutional investors.

About Yunhong Green CTI

Yunhong Green CTI Ltd. develops, produces, distributes, and sells consumer products in the United States and internationally. It offers novelty products, including foil balloons; latex balloons under the Partyloons name; and toy balloon products, which include punch balls, water bombs, and balloons twisted into shapes, as well as other inflatable toy items. The company also offers packaging films and custom film products for food, and other commercial and packaging applications; and container products, as well as assembles and sells Candy Blossom product line.