Antelope Enterprise Holdings L (NASDAQ:AEHL) Shares Shorted: Short Interest Down 86.9% in September

Antelope Enterprise Holdings L (NASDAQ:AEHL) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 55,453 shares, a decline of 86.9% from the August 31st total of 423,952 shares. Currently, 5.3% of the company’s stock are short sold. Based on an average daily volume of 2,646,003 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Antelope Enterprise Holdings L in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Antelope Enterprise Holdings L Price Performance

NASDAQ:AEHL traded up $0.40 during midday trading on Friday, hitting $9.36. 72,642 shares of the company were exchanged, compared to its average volume of 4,601,406. Antelope Enterprise Holdings L has a fifty-two week low of $2.98 and a fifty-two week high of $418.08. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.48 and a quick ratio of 3.48. The company has a fifty day simple moving average of $7.18 and a 200 day simple moving average of $16.11.

Antelope Enterprise Holdings L (NASDAQ:AEHL) last released its quarterly earnings data on Tuesday, June 30th. The company reported ($7.12) earnings per share (EPS) for the quarter. The business had revenue of $14.95 million for the quarter.

Antelope Enterprise Holdings L Company Profile

Antelope Enterprise Holdings Limited is a China-based company focused primarily on live-streaming and social-commerce activities. Through its digital platforms and related services, the company supports online product promotion, consumer engagement and e-commerce transactions.

The company previously operated as China Ceramics Co, Ltd. and was engaged in the manufacture and sale of ceramic tiles for residential and commercial construction. Its historical product portfolio included glazed, polished, porcelain and rustic tiles, which were marketed in China through its operating subsidiaries.

Antelope Enterprise is headquartered in China and has shifted its business strategy from traditional ceramic-tile manufacturing toward digital commerce and live-streaming services.