Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Update

Li Bang International Corporation Inc. (NASDAQ:LBGJ) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 35,755 shares, a decrease of 24.8% from the December 31st total of 47,528 shares. Based on an average daily volume of 150,160 shares, the short-interest ratio is currently 0.2 days. Currently, 1.1% of the company’s shares are short sold. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 150,160 shares, the short-interest ratio is currently 0.2 days.

Li Bang International Trading Up 0.3%

Shares of LBGJ traded up $0.00 during midday trading on Tuesday, hitting $0.85. 49,126 shares of the stock were exchanged, compared to its average volume of 86,088. Li Bang International has a 52-week low of $0.42 and a 52-week high of $2.93. The company has a current ratio of 1.18, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The stock has a fifty day simple moving average of $0.68 and a 200 day simple moving average of $0.88.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Li Bang International in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

About Li Bang International

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.