SOS Limited Unsponsored ADR (NYSE:SOS) Short Interest Up 43.7% in March

SOS Limited Unsponsored ADR (NYSE:SOS) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 674,999 shares, an increase of 43.7% from the March 15th total of 469,592 shares. Approximately 10.2% of the company’s stock are sold short. Based on an average daily trading volume, of 203,444 shares, the days-to-cover ratio is presently 3.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SOS in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On SOS

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. acquired a new stake in SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned about 4.65% of SOS at the end of the most recent reporting period. Institutional investors and hedge funds own 1.92% of the company’s stock.

SOS Price Performance

Shares of SOS stock traded down $0.02 on Thursday, hitting $1.13. The stock had a trading volume of 136,720 shares, compared to its average volume of 131,142. SOS has a twelve month low of $0.90 and a twelve month high of $9.62. The business’s 50 day moving average is $1.21 and its two-hundred day moving average is $1.46.

About SOS

SOS Limited is a China-based specialty chemical company that develops, manufactures and markets a broad portfolio of water treatment, glycol and surfactant products. Founded in 1997 and headquartered in Shanghai, the company focuses on delivering high-performance solutions for industrial, municipal and household applications. Its core mission is to address water conservation and pollution control challenges while supporting downstream industries with essential chemical inputs.

The company’s primary offerings include a range of water treatment chemicals such as coagulants, flocculants and scale inhibitors designed for use in power plants, petrochemical facilities, and municipal waterworks.