Lakeside Holding Limited (NASDAQ:LSH) Short Interest Update

Lakeside Holding Limited (NASDAQ:LSH) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 37,410 shares, a decrease of 28.9% from the December 31st total of 52,611 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 19,852 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 19,852 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.3% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Lakeside in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lakeside presently has an average rating of “Sell”.

Lakeside Stock Down 6.6%

Lakeside stock opened at $0.94 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.51 and a current ratio of 1.52. Lakeside has a one year low of $0.67 and a one year high of $2.21. The company has a 50-day simple moving average of $0.89 and a 200-day simple moving average of $1.01. The firm has a market capitalization of $16.44 million, a P/E ratio of -1.57 and a beta of 2.91.

Lakeside (NASDAQ:LSH) last posted its earnings results on Wednesday, November 19th. The company reported ($0.09) earnings per share (EPS) for the quarter. Lakeside had a negative net margin of 26.59% and a negative return on equity of 172.78%. The firm had revenue of $6.10 million for the quarter.

About Lakeside

Lakeside Holding Limited, through its subsidiaries, provides integrated cross-border supply chain solution in the United States, China, South Korea, and internationally. It offers a range of integrated services under cross-border ocean freight solutions and cross-border airfreight solutions, including cross-border freight consolidation and forwarding services, customs clearance services, warehousing and distribution services, and U.S. domestic ground transportation services. The company customers include logistics service companies serving e-commerce platforms, social commerce platforms, and manufacturers to sell and transport consumer and industrial goods.