LQR House Inc. (NASDAQ:YHC) Short Interest Update

LQR House Inc. (NASDAQ:YHC) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,650,000 shares, an increase of 155.1% from the September 15th total of 646,700 shares. Based on an average daily trading volume, of 4,960,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 18.3% of the company’s stock are sold short. Currently, 18.3% of the company’s stock are sold short. Based on an average daily trading volume, of 4,960,000 shares, the days-to-cover ratio is presently 0.3 days.

LQR House Stock Performance

Shares of YHC opened at $0.79 on Monday. The company has a market capitalization of $8.21 million, a P/E ratio of -0.01 and a beta of 4.51. LQR House has a one year low of $0.68 and a one year high of $98.00. The stock has a 50-day moving average price of $0.86 and a 200 day moving average price of $1.87.

LQR House (NASDAQ:YHC) last released its earnings results on Tuesday, August 12th. The company reported ($1.10) EPS for the quarter. LQR House had a negative return on equity of 259.35% and a negative net margin of 949.77%.The firm had revenue of $0.50 million for the quarter. As a group, equities research analysts forecast that LQR House will post -2.25 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of LQR House in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About LQR House

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.