Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Short Interest Up 361.6% in April

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 665,904 shares, a growth of 361.6% from the April 15th total of 144,269 shares. Based on an average trading volume of 4,690,463 shares, the short-interest ratio is presently 0.1 days. Currently, 1.3% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Citadel Advisors LLC purchased a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) during the third quarter, according to its most recent filing with the SEC. The firm purchased 20,224 shares of the company’s stock, valued at approximately $42,000.

Lianhe Sowell International Group Trading Down 5.4%

LHSW traded down $0.01 during trading on Friday, hitting $0.23. 555,187 shares of the stock were exchanged, compared to its average volume of 3,113,095. The firm has a 50 day simple moving average of $0.19 and a 200 day simple moving average of $0.67. Lianhe Sowell International Group has a 1 year low of $0.07 and a 1 year high of $3.14.

Lianhe Sowell International Group (NASDAQ:LHSW) last released its quarterly earnings data on Friday, March 27th. The company reported $0.00 EPS for the quarter. The firm had revenue of $13.27 million for the quarter.

About Lianhe Sowell International Group

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.