Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Short Interest Update

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 41,378 shares, a growth of 68.2% from the December 15th total of 24,603 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 49,079 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 49,079 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the company are sold short.

Lianhe Sowell International Group Price Performance

Shares of NASDAQ:LHSW traded down $0.04 on Friday, hitting $0.74. The company had a trading volume of 16,092 shares, compared to its average volume of 1,493,500. The stock has a 50 day moving average price of $1.05 and a 200 day moving average price of $1.85. Lianhe Sowell International Group has a 1-year low of $0.51 and a 1-year high of $8.18.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Marex Group plc acquired a new position in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 33,815 shares of the company’s stock, valued at approximately $57,000. Marex Group plc owned about 0.07% of Lianhe Sowell International Group as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Lianhe Sowell International Group in a report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Lianhe Sowell International Group has an average rating of “Sell”.

About Lianhe Sowell International Group

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.