Short Interest in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Decreases By 67.2%

Lianhe Sowell International Group Ltd (NASDAQ:LHSWGet Free Report) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 256,977 shares, a decrease of 67.2% from the May 14th total of 783,297 shares. Based on an average daily volume of 544,411 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the company’s shares are short sold.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on LHSW

Institutional Investors Weigh In On Lianhe Sowell International Group

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

Lianhe Sowell International Group Stock Up 11.2%

Shares of Lianhe Sowell International Group stock opened at $0.18 on Thursday. Lianhe Sowell International Group has a 52-week low of $0.07 and a 52-week high of $3.14. The company has a fifty day moving average of $0.20 and a 200-day moving average of $0.45.

Lianhe Sowell International Group (NASDAQ:LHSWGet Free Report) last announced its quarterly earnings data on Friday, March 27th. The company reported $0.00 earnings per share (EPS) for the quarter. The business had revenue of $13.27 million during the quarter.

About Lianhe Sowell International Group

(Get Free Report)

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.

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