Euro Tech Holdings Company Limited (NASDAQ:CLWT) Shares Shorted: Short Interest Down 48.5% in September

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 7,274 shares, a decrease of 48.5% from the August 31st total of 14,129 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 16,364 shares, the days-to-cover ratio is currently 0.4 days.

Euro Tech Price Performance

Shares of NASDAQ:CLWT remained flat at $1.38 during trading on Wednesday. 2,508 shares of the stock were exchanged, compared to its average volume of 615,142. Euro Tech has a 12 month low of $0.99 and a 12 month high of $2.68. The firm’s 50 day moving average is $1.57 and its two-hundred day moving average is $1.42.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Euro Tech from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. One analyst has rated the stock with a Hold rating, According to MarketBeat, Euro Tech presently has an average rating of “Hold”.

About Euro Tech

Euro Tech Holdings Company Limited (NASDAQ: CLWT), also known as Euro Tech, is a Hong Kong-based distributor of water-treatment equipment, laboratory instruments and industrial products. The company serves businesses and institutions that require equipment for water and wastewater treatment, environmental monitoring, scientific testing and related industrial applications.

Its product offerings include water-treatment systems and components, pumps, valves, meters, membranes and other equipment used in municipal and industrial applications.