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

LQR House Inc. (NASDAQ:YHC) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 374,106 shares, an increase of 237.4% from the May 31st total of 110,877 shares. Based on an average daily trading volume, of 635,493 shares, the short-interest ratio is currently 0.6 days. Approximately 2.9% of the company’s shares are short sold.

Hedge Funds Weigh In On LQR House

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

LQR House Stock Performance

NASDAQ:YHC opened at $1.03 on Monday. The firm has a market cap of $14.54 million, a PE ratio of -0.70 and a beta of 2.78. LQR House has a fifty-two week low of $0.50 and a fifty-two week high of $11.14. The business has a 50 day moving average price of $0.87 and a 200-day moving average price of $0.90.

LQR House (NASDAQ:YHC) last issued its earnings results on Friday, May 15th. The company reported ($0.04) EPS for the quarter. LQR House had a negative return on equity of 45.42% and a negative net margin of 1,769.54%.The firm had revenue of $0.22 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LQR House in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, LQR House has an average rating of “Sell”.

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.