Lianhe Sowell International Group Ltd (NASDAQ:LHSW) Stock Short Interest Report for October

Lianhe Sowell International Group Ltd (NASDAQ:LHSW) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 25,697 shares, a decline of 91.9% from the October 15th total of 315,482 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 499,869 shares, the short-interest ratio is currently 0.1 days.

Lianhe Sowell International Group Price Performance

LHSW stock traded down $0.90 during mid-day trading on Thursday, reaching $2.72. 50,455 shares of the company’s stock were exchanged, compared to its average volume of 437,133. The stock’s 50 day moving average is $5.94 and its 200 day moving average is $22.19. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.04 and a current ratio of 1.07. Lianhe Sowell International Group has a 12-month low of $2.70 and a 12-month high of $247.04.

Lianhe Sowell International Group (NASDAQ:LHSW) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($6.32) EPS for the quarter. The firm had revenue of $8.37 million during the quarter.

Analyst Upgrades and Downgrades

LHSW has been the topic of several analyst reports. Wall Street Zen downgraded Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Lianhe Sowell International Group in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

About Lianhe Sowell International Group

Lianhe Sowell International Group Limited (NASDAQ: LHSW) is an industrial automation company focused on providing equipment and solutions for manufacturers. Its business centers on the design, development and production of automated machinery and related systems intended to improve manufacturing efficiency and production processes. The company provides customized automation solutions that may include automated production-line equipment, robotic systems, assembly and testing machinery, and related integration services.