LQR House Inc. (NASDAQ:YHC) Short Interest Down 42.2% in August

LQR House Inc. (NASDAQ:YHC) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 28,074 shares, a decline of 42.2% from the August 15th total of 48,577 shares. Currently, 2.4% of the shares of the stock are short sold. Based on an average trading volume of 94,538 shares, the days-to-cover ratio is currently 0.3 days.

LQR House Stock Performance

NASDAQ:YHC opened at $1.29 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $1.71 and a two-hundred day moving average price of $53.43. LQR House has a twelve month low of $1.21 and a twelve month high of $119.00. The company has a market capitalization of $1.68 million, a P/E ratio of -0.05 and a beta of 3.37.

LQR House (NASDAQ:YHC) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $12.54 earnings per share (EPS) for the quarter. The company had revenue of $0.35 million for the quarter. LQR House had a negative net margin of 1,588.72% and a negative return on equity of 14.06%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded LQR House from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

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.