Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Increases By 105.8%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 42,433 shares, an increase of 105.8% from the May 14th total of 20,617 shares. Based on an average daily trading volume, of 12,379 shares, the days-to-cover ratio is currently 3.4 days. Currently, 2.7% of the company’s stock are short sold.

Euro Tech Stock Down 3.0%

CLWT stock traded down $0.04 during trading on Friday, reaching $1.28. 234,207 shares of the stock were exchanged, compared to its average volume of 1,235,338. The firm’s 50 day moving average is $1.23 and its 200 day moving average is $1.21. Euro Tech has a twelve month low of $0.99 and a twelve month high of $1.63.

Euro Tech (NASDAQ:CLWT) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $3.69 million for the quarter.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.