LQR House Inc. (NASDAQ:YHC) Short Interest Update

LQR House Inc. (NASDAQ:YHC) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 27,171 shares, a decline of 95.0% from the June 30th total of 539,264 shares. Based on an average trading volume of 1,299,380 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.1% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LQR House in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, LQR House currently has an average rating of “Sell”.

LQR House Stock Down 2.7%

LQR House stock traded down $0.05 during trading hours on Friday, hitting $1.78. The stock had a trading volume of 105,254 shares, compared to its average volume of 965,203. The company has a 50-day moving average of $54.92 and a two-hundred day moving average of $78.55. LQR House has a fifty-two week low of $1.61 and a fifty-two week high of $190.00. The company has a market cap of $1.74 million, a PE ratio of -0.01 and a beta of 3.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in LQR House stock. Geode Capital Management LLC bought a new position in LQR House Inc. (NASDAQ:YHC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned 0.21% of LQR House at the end of the most recent reporting period.

About LQR House

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.