E-Home Household Service Holdings Limited (NASDAQ:EJH) Short Interest Up 281.7% in May

E-Home Household Service Holdings Limited (NASDAQ:EJH) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 13,220 shares, a growth of 281.7% from the April 30th total of 3,463 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 27,038 shares, the days-to-cover ratio is presently 0.5 days.

Insider Transactions at E-Home Household Service

In other news, CEO Xie Wenshan purchased 540,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were purchased at an average price of $1.25 per share, for a total transaction of $675,000.00. Following the transaction, the chief executive officer owned 552,295 shares of the company’s stock, valued at approximately $690,368.75. This trade represents a 4,392.03% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 10.68% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in E-Home Household Service stock. Citadel Advisors LLC purchased a new position in E-Home Household Service Holdings Limited (NASDAQ:EJH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 28,464 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned approximately 0.71% of E-Home Household Service at the end of the most recent quarter. 37.31% of the stock is currently owned by institutional investors and hedge funds.

E-Home Household Service Stock Performance

Shares of EJH stock opened at $1.54 on Friday. E-Home Household Service has a one year low of $1.25 and a one year high of $129.13. The company’s fifty day moving average price is $1.79 and its 200-day moving average price is $12.62.

E-Home Household Service (NASDAQ:EJH) last released its quarterly earnings data on Monday, April 13th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $13.15 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of E-Home Household Service in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

E-Home Household Service Company Profile

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.