LQR House Inc. (NASDAQ:YHC) Stock Short Interest Report for October

LQR House Inc. (NASDAQ:YHC) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 107,455 shares, an increase of 170.8% from the September 30th total of 39,687 shares. Based on an average daily trading volume, of 168,252 shares, the short-interest ratio is currently 0.6 days. Approximately 9.1% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

YHC has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of LQR House from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings reissued a “sell (e+)” rating on shares of LQR House in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, LQR House presently has an average rating of “Sell”.

LQR House Trading Up 2.0%

NASDAQ:YHC opened at $2.50 on Friday. The company has a market capitalization of $3.26 million, a PE ratio of -0.10 and a beta of 3.39. LQR House has a 52-week low of $1.21 and a 52-week high of $119.00. The stock’s 50 day moving average price is $1.64 and its 200 day moving average price is $51.55. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.44.

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

LQR House Company Profile

LQR House Inc is a digital marketing and e-commerce company focused on the beverage alcohol industry. The company provides brands with services intended to support online customer acquisition, brand awareness, digital advertising, social media engagement and direct-to-consumer sales.

LQR House has operated CWS, an online marketplace for alcoholic beverages, through which consumers can browse and purchase spirits and other beverage products where permitted by applicable laws. The company has also worked with beverage alcohol brands on e-commerce strategy, content creation and other digital initiatives designed to expand their online presence.

LQR House was established in 2019 and is based in the United States.