Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Short Interest Update

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 404,350 shares, an increase of 2,006.1% from the August 15th total of 19,199 shares. Approximately 3,369.6% of the shares of the company are short sold. Based on an average daily trading volume, of 30,532 shares, the days-to-cover ratio is currently 13.2 days.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Trading Down 5.2%

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five stock opened at $21.90 on Friday. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a fifty-two week low of $20.00 and a fifty-two week high of $28.49.

Analyst Ratings Changes

FOIL has been the subject of several analyst reports. Wall Street Zen raised shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five to a “hold” rating in a report on Saturday, August 22nd. Cantor Fitzgerald began coverage on Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a research note on Tuesday. They issued an “overweight” rating and a $31.00 target price for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $31.00.