Hebron Technology Co Ltd (NASDAQ:HEBT) Short Interest Up 45.9% in July

Hebron Technology Co Ltd (NASDAQ:HEBT) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 39,100 shares, a growth of 45.9% from the June 30th total of 26,800 shares. Based on an average daily volume of 95,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the company’s shares are sold short.

Shares of NASDAQ:HEBT traded down $0.08 during trading on Monday, reaching $2.16. 137,700 shares of the stock were exchanged, compared to its average volume of 60,783. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.93 and a current ratio of 1.95. Hebron Technology has a 12-month low of $0.50 and a 12-month high of $2.30. The company has a 50-day moving average price of $1.81.

Hebron Technology Company Profile

Hebron Technology Co, Ltd., through its subsidiaries, engages in the research, development, manufacture, and installation of valves, pipe fittings, and other products primarily for use in pharmaceutical engineering sector in the People's Republic of China. The company offers diaphragm valves, angle seat valves, sanitary centrifugal and liquid-ring pumps, clean-in-place return pumps, sanitary ball valves, and sanitary pipe fittings.

Recommended Story: How to calculate the annual rate of depreciation

Receive News & Ratings for Hebron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hebron Technology and related companies with MarketBeat.com's FREE daily email newsletter.