Short Interest in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Decreases By 54.0%

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 51,463 shares, a decrease of 54.0% from the June 30th total of 111,851 shares. Based on an average daily volume of 11,600,920 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.6% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LHSW shares. Wall Street Zen upgraded shares of Lianhe Sowell International Group to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of Lianhe Sowell International Group

An institutional investor recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC acquired a new position in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 20,224 shares of the company’s stock, valued at approximately $42,000.

Lianhe Sowell International Group Trading Up 18.6%

LHSW traded up $0.43 on Tuesday, reaching $2.74. The company had a trading volume of 124,708 shares, compared to its average volume of 1,068,734. The business has a 50 day simple moving average of $2.64 and a 200 day simple moving average of $4.37. Lianhe Sowell International Group has a 52-week low of $1.12 and a 52-week high of $47.52.

Lianhe Sowell International Group Company Profile

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.