Linkhome Holdings Inc. (NASDAQ:LHAI) Short Interest Down 81.1% in March

Linkhome Holdings Inc. (NASDAQ:LHAI) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 39,456 shares, a drop of 81.1% from the February 26th total of 209,074 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 94,794 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 94,794 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

Wall Street Analyst Weigh In

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

Linkhome Stock Performance

Shares of NASDAQ LHAI traded up $0.03 during midday trading on Wednesday, hitting $1.19. 16,448 shares of the company traded hands, compared to its average volume of 449,617. Linkhome has a 12-month low of $1.02 and a 12-month high of $22.33. The firm has a market cap of $19.31 million and a P/E ratio of 29.76. The stock has a 50-day moving average price of $1.74 and a 200 day moving average price of $7.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. 683 Capital Management LLC purchased a new stake in Linkhome in the fourth quarter worth about $573,000. OMERS ADMINISTRATION Corp bought a new stake in Linkhome in the fourth quarter worth $175,000. Cerity Partners LLC bought a new stake in Linkhome in the fourth quarter worth $91,000. Goldman Sachs Group Inc. purchased a new stake in shares of Linkhome in the fourth quarter worth $101,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Linkhome in the fourth quarter worth $87,000.

Linkhome Company Profile

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.