Short Interest in E-Home Household Service Holdings Limited (NASDAQ:EJH) Increases By 281.7%

E-Home Household Service Holdings Limited (NASDAQ:EJHGet Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 13,220 shares, an increase of 281.7% from the April 30th total of 3,463 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 27,038 shares, the short-interest ratio is presently 0.5 days.

Insider Activity

In other E-Home Household Service news, CEO Xie Wenshan purchased 192,000 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were bought at an average cost of $1.25 per share, for a total transaction of $240,000.00. Following the completion of the purchase, the chief executive officer directly owned 744,295 shares in the company, valued at approximately $930,368.75. This represents a 34.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 10.68% of the company’s stock.

Hedge Funds Weigh In On E-Home Household Service

An institutional investor recently bought a new position in E-Home Household Service stock. Goldman Sachs Group Inc. acquired a new position in shares of E-Home Household Service Holdings Limited (NASDAQ:EJHFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned about 0.14% of E-Home Household Service as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 37.31% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of E-Home Household Service in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Read Our Latest Research Report on E-Home Household Service

E-Home Household Service Stock Down 3.8%

E-Home Household Service stock traded down $0.06 during midday trading on Friday, reaching $1.54. The company’s stock had a trading volume of 8,237 shares, compared to its average volume of 17,944. E-Home Household Service has a fifty-two week low of $1.25 and a fifty-two week high of $129.13. The business has a 50-day simple moving average of $1.79 and a 200-day simple moving average of $12.62.

E-Home Household Service (NASDAQ:EJHGet Free Report) last posted its quarterly earnings results on Monday, April 13th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $13.15 million during the quarter.

E-Home Household Service Company Profile

(Get Free Report)

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.

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