Lakeside Holding Limited (NASDAQ:LSH) Short Interest Update

Lakeside Holding Limited (NASDAQ:LSH) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 52,611 shares, a growth of 72.7% from the December 15th total of 30,464 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 18,786 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 18,786 shares, the short-interest ratio is currently 2.8 days. Approximately 0.4% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

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

Lakeside Trading Up 1.3%

LSH traded up $0.01 during trading on Thursday, hitting $0.86. The company’s stock had a trading volume of 34,851 shares, compared to its average volume of 21,595. The firm has a market capitalization of $15.07 million, a P/E ratio of -1.44 and a beta of 2.91. Lakeside has a twelve month low of $0.67 and a twelve month high of $2.39. The company has a quick ratio of 1.51, a current ratio of 1.52 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average price is $0.88 and its 200-day moving average price is $1.00.

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

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.