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

LQR House Inc. (NASDAQ:YHC) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 48,577 shares, a decline of 67.9% from the July 30th total of 151,238 shares. Based on an average trading volume of 124,315 shares, the days-to-cover ratio is presently 0.4 days. Currently, 4.1% of the shares of the stock are short sold.

LQR House Trading Up 3.0%

YHC opened at $1.71 on Friday. The stock has a 50-day moving average of $14.63 and a 200 day moving average of $62.89. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.44. LQR House has a 12 month low of $1.27 and a 12 month high of $119.00. The firm has a market cap of $2.23 million, a P/E ratio of -0.07 and a beta of 3.40.

LQR House (NASDAQ:YHC) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $12.54 earnings per share (EPS) for the quarter. The business had revenue of $0.35 million for the quarter. LQR House had a negative return on equity of 14.06% and a negative net margin of 1,588.72%.

Institutional Trading of LQR House

An institutional investor recently bought a new stake in LQR House stock. XTX Topco Ltd acquired a new position in shares of LQR House Inc. (NASDAQ:YHC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 74,758 shares of the company’s stock, valued at approximately $67,000. XTX Topco Ltd owned 0.53% of LQR House as of its most recent SEC filing.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a research report on Friday, July 17th. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

About LQR House

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.