Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Large Increase in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 13,300 shares, an increase of 98.5% from the August 31st total of 6,700 shares. Based on an average daily volume of 18,600 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 18,600 shares, the short-interest ratio is presently 0.7 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Euro Tech in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Euro Tech Price Performance

Shares of CLWT opened at $1.37 on Friday. The firm has a fifty day moving average price of $1.31 and a 200-day moving average price of $1.22. Euro Tech has a 12-month low of $1.01 and a 12-month high of $1.66.

About Euro Tech

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.