E-Home Household Service Holdings Limited (NASDAQ:EJH) Sees Large Drop in Short Interest

E-Home Household Service Holdings Limited (NASDAQ:EJH) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 812,900 shares, a decrease of 58.5% from the June 15th total of 1,960,000 shares. Based on an average trading volume of 3,080,000 shares, the short-interest ratio is currently 0.3 days. Approximately 4.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in E-Home Household Service stock. Wealthspire Advisors LLC bought a new stake in shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 68,378 shares of the company’s stock, valued at approximately $274,000. Wealthspire Advisors LLC owned about 2.51% of E-Home Household Service at the end of the most recent quarter. Institutional investors and hedge funds own 37.31% of the company’s stock.

E-Home Household Service Price Performance

Shares of EJH traded down $0.01 during trading hours on Friday, hitting $1.22. The company had a trading volume of 441,381 shares, compared to its average volume of 1,830,049. The firm has a fifty day moving average price of $0.79 and a 200-day moving average price of $2.55. E-Home Household Service has a 52-week low of $0.40 and a 52-week high of $25.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.04 and a quick ratio of 9.04.

About E-Home Household Service

E-Home Household Service Holdings Limited, together with its subsidiaries, engages in the operation of household services in the People's Republic of China. The company operates through five segments: Installation and Maintenance, Housekeeping Services, Senior Care Services, Sales of Pharmaceutical Products, and Educational Consulting Services.