Li Bang International Corporation Inc. (NASDAQ:LBGJ) Short Interest Update

Li Bang International Corporation Inc. (NASDAQ:LBGJGet Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 12,500 shares, a growth of 115.5% from the August 31st total of 5,800 shares. Based on an average daily trading volume, of 23,500 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,500 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Li Bang International

A hedge fund recently bought a new stake in Li Bang International stock. Jane Street Group LLC bought a new stake in Li Bang International Corporation Inc. (NASDAQ:LBGJFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,856 shares of the company’s stock, valued at approximately $41,000. Jane Street Group LLC owned 0.06% of Li Bang International as of its most recent SEC filing.

Li Bang International Trading Down 4.0%

Shares of NASDAQ:LBGJ opened at $0.60 on Monday. The firm’s fifty day moving average is $1.19 and its 200-day moving average is $1.33. Li Bang International has a 52 week low of $0.42 and a 52 week high of $5.50.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Li Bang International in a research report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on LBGJ

About Li Bang International

(Get Free Report)

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance.

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