Lakeside Holding Limited (NASDAQ:LSH) Short Interest Update

Lakeside Holding Limited (NASDAQ:LSH) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 37,410 shares, a decline of 28.9% from the December 31st total of 52,611 shares. Based on an average daily volume of 19,852 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 19,852 shares, the days-to-cover ratio is presently 1.9 days.

Analysts Set New Price Targets

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

Lakeside Trading Down 6.6%

Shares of NASDAQ LSH opened at $0.94 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.52 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average price is $0.89 and its two-hundred day moving average price is $1.01. Lakeside has a 52-week low of $0.67 and a 52-week high of $2.21. The stock has a market capitalization of $16.44 million, a P/E ratio of -1.57 and a beta of 2.91.

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

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.