LQR House Inc. (NASDAQ:LQR) Short Interest Up 64.0% in October

LQR House Inc. (NASDAQ:LQR) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 181,900 shares, a growth of 64.0% from the September 30th total of 110,900 shares. Approximately 3.4% of the company’s stock are short sold. Based on an average daily trading volume, of 344,000 shares, the days-to-cover ratio is presently 0.5 days.

LQR House Stock Performance

LQR traded down $0.05 during trading hours on Tuesday, hitting $0.75. 117,538 shares of the company’s stock were exchanged, compared to its average volume of 437,797. LQR House has a 1-year low of $0.40 and a 1-year high of $5.65. The stock’s 50-day moving average is $0.58 and its two-hundred day moving average is $0.81.

LQR House (NASDAQ:LQR) last announced its earnings results on Tuesday, August 13th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.01). LQR House had a negative return on equity of 152.13% and a negative net margin of 907.47%. The business had revenue of $0.56 million for the quarter, compared to analyst estimates of $0.56 million. Research analysts forecast that LQR House will post -1.7 EPS for the current fiscal year.

About LQR House

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.