Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) Short Interest Up 82.2% in April

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 6,985 shares, an increase of 82.2% from the April 15th total of 3,834 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 11,405 shares, the days-to-cover ratio is presently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Leishen Energy in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Leishen Energy Trading Up 3.9%

NASDAQ LSE opened at $4.80 on Tuesday. The firm’s 50 day moving average price is $4.91 and its 200-day moving average price is $4.86. Leishen Energy has a 52-week low of $3.80 and a 52-week high of $9.78.

Leishen Energy (NASDAQ:LSE) last released its quarterly earnings data on Friday, January 30th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $10.07 million for the quarter.

About Leishen Energy

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC. Our Group comprises 12 subsidiaries, established in, having branches, offices or customer service centers in the Xinjiang, Sichuan, Shandong and Jiangsu provinces of China, as well as Hong Kong.