Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 4,000 shares, an increase of 14.3% from the December 15th total of 3,500 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC bought a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned approximately 4.05% of Euro Tech at the end of the most recent quarter. Hedge funds and other institutional investors own 2.86% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Euro Tech in a research report on Monday, January 13th. They issued a “sell” rating for the company.
Euro Tech Price Performance
Shares of NASDAQ CLWT traded down $0.05 during mid-day trading on Friday, hitting $1.34. The company had a trading volume of 4,826 shares, compared to its average volume of 6,689. The firm has a 50-day simple moving average of $1.43 and a two-hundred day simple moving average of $1.51. Euro Tech has a one year low of $1.28 and a one year high of $1.94.
Euro Tech Company Profile
Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.
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