Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Down 36.1% in December

Li Bang International Corporation Inc. (NASDAQ:LBGJ) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 62,030 shares, a decline of 36.1% from the November 30th total of 97,071 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 68,636 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 68,636 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Li Bang International in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Li Bang International currently has an average rating of “Sell”.

Li Bang International Trading Up 5.9%

Shares of NASDAQ LBGJ traded up $0.03 on Monday, hitting $0.61. The company had a trading volume of 74,547 shares, compared to its average volume of 55,941. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.18 and a quick ratio of 1.09. Li Bang International has a 12-month low of $0.42 and a 12-month high of $3.77. The business has a 50 day moving average of $0.66 and a two-hundred day moving average of $1.02.

About Li Bang International

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.