Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Large Increase in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 6,100 shares, an increase of 69.4% from the August 31st total of 3,600 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Euro Tech in a research report on Monday, September 23rd. They issued a “sell” rating on the stock.

Euro Tech Price Performance

NASDAQ:CLWT traded up $0.01 during trading hours on Friday, hitting $1.64. 2,313 shares of the company traded hands, compared to its average volume of 12,597. The firm has a 50-day moving average of $1.56 and a 200 day moving average of $1.60. Euro Tech has a twelve month low of $1.22 and a twelve month high of $1.94.

Euro Tech Company Profile

Euro Tech Holdings Company Limited primarily distributes water treatment equipment, laboratory instruments, analyzers, test kits and related supplies, and power generation equipment to commercial customers, and governmental agencies in Hong Kong and the People's Republic of China. The company operates in two segments, Trading and Manufacturing, and Engineering.