Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Update

Linkhome Holdings Inc. (NASDAQ:LHAI) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 291,601 shares, an increase of 59.9% from the January 29th total of 182,404 shares. Based on an average trading volume of 548,139 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.8% of the shares of the company are short sold. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 548,139 shares, the days-to-cover ratio is currently 0.5 days.

Linkhome Stock Down 6.1%

NASDAQ:LHAI traded down $0.08 during trading hours on Friday, hitting $1.24. 127,986 shares of the company’s stock traded hands, compared to its average volume of 315,760. Linkhome has a 52 week low of $1.02 and a 52 week high of $22.33. The business’s fifty day simple moving average is $3.88 and its two-hundred day simple moving average is $7.85. The firm has a market cap of $20.13 million and a P/E ratio of 31.01.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Linkhome from a “sell” rating to a “hold” rating in a research report on Sunday, February 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Linkhome

A number of institutional investors and hedge funds have recently bought and sold shares of LHAI. 683 Capital Management LLC purchased a new position in Linkhome in the 4th quarter worth approximately $573,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Linkhome during the 4th quarter worth $175,000. Cerity Partners LLC purchased a new position in Linkhome in the fourth quarter worth $91,000. Goldman Sachs Group Inc. bought a new position in Linkhome in the fourth quarter valued at $101,000. Finally, FNY Investment Advisers LLC purchased a new stake in Linkhome during the fourth quarter valued at about $87,000.

About Linkhome

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.