Lakeside Holding Limited (NASDAQ:LSH) Sees Significant Growth in Short Interest

Lakeside Holding Limited (NASDAQ:LSH) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 52,611 shares, a growth of 72.7% from the December 15th total of 30,464 shares. Based on an average daily volume of 18,786 shares, the short-interest ratio is currently 2.8 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 volume of 18,786 shares, the short-interest ratio is currently 2.8 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Lakeside in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Lakeside Price Performance

NASDAQ:LSH traded up $0.01 on Thursday, hitting $0.86. The company had a trading volume of 34,851 shares, compared to its average volume of 21,595. Lakeside has a 52 week low of $0.67 and a 52 week high of $2.39. The company has a current ratio of 1.52, a quick ratio of 1.51 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $15.07 million, a price-to-earnings ratio of -1.44 and a beta of 2.91. The firm has a 50 day moving average of $0.88 and a two-hundred day moving average of $1.00.

Lakeside (NASDAQ:LSH) last announced its quarterly earnings results on Wednesday, November 19th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $6.10 million during the quarter. Lakeside had a negative net margin of 26.59% and a negative return on equity of 172.78%.

Lakeside Company Profile

Lakeside Holding Limited, through its subsidiaries, provides integrated cross-border supply chain solution in the United States, China, South Korea, and internationally. It offers a range of integrated services under cross-border ocean freight solutions and cross-border airfreight solutions, including cross-border freight consolidation and forwarding services, customs clearance services, warehousing and distribution services, and U.S. domestic ground transportation services. The company customers include logistics service companies serving e-commerce platforms, social commerce platforms, and manufacturers to sell and transport consumer and industrial goods.