Euro Tech Holdings Company Limited (NASDAQ:CLWT) Stock Short Interest Declines 51.8%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 3,507 shares, a drop of 51.8% from the September 15th total of 7,274 shares. Based on an average daily volume of 8,231 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Analysts Set New Price Targets

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 equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Euro Tech Trading Up 0.3%

CLWT stock traded up $0.01 during trading on Friday, hitting $1.46. 20,540 shares of the company traded hands, compared to its average volume of 960,789. Euro Tech has a 1 year low of $0.99 and a 1 year high of $2.68. The company has a 50-day moving average of $1.55 and a 200-day moving average of $1.44.

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.