Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Sees Large Decline in Short Interest

Lianhe Sowell International Group Ltd (NASDAQ:LHSWGet Free Report) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 256,977 shares, a decline of 67.2% from the May 14th total of 783,297 shares. Based on an average daily volume of 544,411 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the shares of the stock are sold short.

Lianhe Sowell International Group Price Performance

NASDAQ:LHSW traded down $0.01 during trading hours on Friday, hitting $0.15. 473,533 shares of the stock were exchanged, compared to its average volume of 4,152,592. Lianhe Sowell International Group has a 52-week low of $0.07 and a 52-week high of $3.14. The firm’s fifty day moving average price is $0.20 and its 200 day moving average price is $0.44.

Lianhe Sowell International Group (NASDAQ:LHSWGet Free Report) last posted its quarterly earnings data on Friday, March 27th. The company reported $0.00 EPS for the quarter. The firm had revenue of $13.27 million for the quarter.

Institutional Investors Weigh In On Lianhe Sowell International Group

An institutional investor recently bought a new position in Lianhe Sowell International Group stock. Citadel Advisors LLC acquired a new position in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSWFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 20,224 shares of the company’s stock, valued at approximately $42,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lianhe Sowell International Group presently has an average rating of “Sell”.

View Our Latest Analysis on Lianhe Sowell International Group

Lianhe Sowell International Group Company Profile

(Get Free Report)

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.

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