Short Interest in LightInTheBox Holding Co., Ltd. (NYSE:LITB) Increases By 51.8%

LightInTheBox Holding Co., Ltd. (NYSE:LITBGet Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 12,236 shares, a growth of 51.8% from the December 15th total of 8,058 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 36,795 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 36,795 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of LightInTheBox in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Report on LightInTheBox

LightInTheBox Trading Down 10.0%

LightInTheBox stock traded down $0.28 on Friday, hitting $2.51. 18,180 shares of the stock traded hands, compared to its average volume of 30,335. The business’s fifty day simple moving average is $2.22 and its 200 day simple moving average is $1.98. The firm has a market cap of $46.16 million, a P/E ratio of 8.66 and a beta of -0.29. LightInTheBox has a 1 year low of $0.91 and a 1 year high of $4.17.

LightInTheBox (NYSE:LITBGet Free Report) last posted its quarterly earnings data on Wednesday, November 12th. The technology company reported $0.15 EPS for the quarter. LightInTheBox had a net margin of 2.47% and a negative return on equity of 49.34%. The business had revenue of $55.46 million for the quarter.

About LightInTheBox

(Get Free Report)

LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.

Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.

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