LQR House Inc. (NASDAQ:YHC) Short Interest Update

LQR House Inc. (NASDAQ:YHC) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 151,238 shares, a growth of 456.6% from the July 15th total of 27,171 shares. Based on an average daily volume of 493,219 shares, the days-to-cover ratio is currently 0.3 days. Currently, 17.1% of the company’s shares are sold short.

LQR House Trading Down 5.6%

Shares of NASDAQ YHC opened at $1.67 on Wednesday. LQR House has a 12-month low of $1.27 and a 12-month high of $119.00. The company has a market cap of $1.64 million, a P/E ratio of -0.01 and a beta of 3.40. The stock has a fifty day moving average price of $33.78 and a 200 day moving average price of $70.27.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a report on Friday, July 17th. Wall Street Zen upgraded shares of LQR House to a “sell” rating in a research note on Saturday, August 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Investors Weigh In On LQR House

A hedge fund recently bought a new position in LQR House stock. XTX Topco Ltd bought a new stake in LQR House Inc. (NASDAQ:YHC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 74,758 shares of the company’s stock, valued at approximately $67,000. XTX Topco Ltd owned approximately 0.53% of LQR House as of its most recent filing with the Securities & Exchange Commission.

LQR House Company Profile

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.