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

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 100,922 shares, an increase of 137.8% from the May 31st total of 42,433 shares. Approximately 6.5% of the shares of the company are short sold. Based on an average daily volume of 2,029,505 shares, the short-interest ratio is currently 0.0 days.

Euro Tech Stock Up 6.3%

CLWT stock traded up $0.09 during midday trading on Tuesday, hitting $1.54. The stock had a trading volume of 190,611 shares, compared to its average volume of 939,287. Euro Tech has a 52 week low of $0.99 and a 52 week high of $2.68. The stock has a 50-day simple moving average of $1.31 and a 200 day simple moving average of $1.26.

Euro Tech (NASDAQ:CLWT) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $3.69 million during the quarter.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.