Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) Short Interest Down 66.8% in March

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totaling 2,213 shares, a drop of 66.8% from the March 15th total of 6,670 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,775 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Leishen Energy in a report on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Leishen Energy currently has a consensus rating of “Sell”.

Leishen Energy Trading Up 2.7%

Leishen Energy stock traded up $0.14 during midday trading on Friday, reaching $5.06. The stock had a trading volume of 2,719 shares, compared to its average volume of 7,649. The firm’s fifty day simple moving average is $4.75 and its two-hundred day simple moving average is $4.94. Leishen Energy has a twelve month low of $3.80 and a twelve month high of $9.78.

Leishen Energy (NASDAQ:LSE) last released its earnings results on Friday, January 30th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $10.07 million during the quarter.

About Leishen Energy

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC. Our Group comprises 12 subsidiaries, established in, having branches, offices or customer service centers in the Xinjiang, Sichuan, Shandong and Jiangsu provinces of China, as well as Hong Kong.