Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Free Report) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 4,400 shares, a growth of 33.3% from the November 15th total of 3,300 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold.
Euro Tech Price Performance
Shares of Euro Tech stock traded up $0.03 during trading on Friday, hitting $1.42. 1,947 shares of the company were exchanged, compared to its average volume of 11,361. The firm’s fifty day moving average price is $1.49 and its 200 day moving average price is $1.56. Euro Tech has a 1-year low of $1.28 and a 1-year high of $1.94.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Euro Tech in a research report on Thursday. They issued a “sell” rating on the stock.
Institutional Investors Weigh In On Euro Tech
An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned approximately 4.05% of Euro Tech as of its most recent SEC filing. Hedge funds and other institutional investors own 2.86% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Euro Tech
- Market Cap Calculator: How to Calculate Market Cap
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- What Do S&P 500 Stocks Tell Investors About the Market?
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Texas Instruments: The Old-School Tech Titan Still Delivering
Receive News & Ratings for Euro Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euro Tech and related companies with MarketBeat.com's FREE daily email newsletter.