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

LQR House Inc. (NASDAQ:YHC) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 28,074 shares, a drop of 42.2% from the August 15th total of 48,577 shares. Based on an average trading volume of 94,538 shares, the days-to-cover ratio is currently 0.3 days. Approximately 2.4% of the company’s stock are short sold.

LQR House Stock Performance

Shares of NASDAQ YHC opened at $1.29 on Wednesday. LQR House has a 12-month low of $1.27 and a 12-month high of $119.00. The firm has a market capitalization of $1.68 million, a price-to-earnings ratio of -0.05 and a beta of 3.37. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $1.79 and a 200 day moving average of $54.75.

LQR House (NASDAQ:YHC) last released its quarterly earnings results on Wednesday, August 19th. The company reported $12.54 earnings per share for the quarter. LQR House had a negative net margin of 1,588.72% and a negative return on equity of 14.06%. The business had revenue of $0.35 million for the quarter.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a research note on Friday, July 17th. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, LQR House presently has a consensus rating of “Sell”.

LQR House Company Profile

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.