LQR House Inc. (NASDAQ:YHC) Shares Shorted: Short Interest Up 60.7% in September

LQR House Inc. (NASDAQ:YHC) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 39,687 shares, a growth of 60.7% from the September 15th total of 24,702 shares. Based on an average trading volume of 121,388 shares, the days-to-cover ratio is currently 0.3 days. Currently, 3.4% of the shares of the stock are short sold.

LQR House Stock Performance

NASDAQ YHC opened at $1.91 on Friday. LQR House has a fifty-two week low of $1.21 and a fifty-two week high of $119.00. The stock has a market cap of $2.49 million, a price-to-earnings ratio of -0.08 and a beta of 3.39. The business has a fifty day moving average of $1.51 and a 200-day moving average of $41.37. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.44.

LQR House (NASDAQ:YHC) last announced its earnings results on Wednesday, August 19th. The company reported $12.54 earnings per share for the quarter. The firm had revenue of $0.35 million during the quarter. LQR House had a negative net margin of 1,588.72% and a negative return on equity of 14.06%.

Analysts Set New Price Targets

YHC has been the topic of several recent research reports. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reissued a “sell (e+)” rating on shares of LQR House in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About LQR House

LQR House Inc is an e-commerce and digital marketing company focused on the alcoholic beverage industry. The company develops and operates online shopping platforms designed to connect consumers with spirits and other alcoholic beverage products, while helping beverage brands expand their digital presence and reach customers.

In addition to online alcohol sales, LQR House provides digital marketing and customer-acquisition services, including social media, content, and promotional initiatives.