Euro Tech Holdings Company Limited (NASDAQ:CLWT) Stock Short Interest Jumps 3,625.8%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 130,664 shares, a growth of 3,625.8% from the September 30th total of 3,507 shares. Based on an average trading volume of 6,372,151 shares, the days-to-cover ratio is presently 0.0 days. Currently, 8.4% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Euro Tech Stock Performance

Euro Tech stock traded down $0.04 during trading hours on Monday, reaching $1.31. 13,432 shares of the company’s stock were exchanged, compared to its average volume of 932,546. The firm’s 50 day simple moving average is $1.52 and its 200 day simple moving average is $1.45. Euro Tech has a twelve month low of $0.99 and a twelve month high of $2.68.

About Euro Tech

Euro Tech Holdings Company Limited (NASDAQ: CLWT) is a Hong Kong-based company that supplies water treatment, environmental protection, and laboratory equipment. Its products are used in municipal and industrial water and wastewater treatment, environmental monitoring, and scientific testing applications.

The company distributes equipment such as water purification and wastewater treatment systems, pumps, valves, membrane and filtration products, ultraviolet disinfection systems, sludge treatment equipment, and related monitoring and analytical instruments.