Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Free Report) was the recipient of a significant drop in short interest in 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. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 8,231 shares, the short-interest ratio is presently 0.4 days.
Analysts Set New Price Targets
Separately, Weiss Ratings raised Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
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Euro Tech Trading Down 2.5%
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.
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