Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Up 262.5% in January

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 8,700 shares, a growth of 262.5% from the January 15th total of 2,400 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 8,200 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned 4.05% of Euro Tech at the end of the most recent quarter. Hedge funds and other institutional investors own 2.86% of the company’s stock.

Euro Tech Stock Performance

Shares of CLWT traded down $0.02 during mid-day trading on Wednesday, hitting $1.25. 10,296 shares of the company’s stock were exchanged, compared to its average volume of 7,688. The firm has a fifty day moving average of $1.39 and a two-hundred day moving average of $1.48. Euro Tech has a twelve month low of $1.16 and a twelve month high of $1.94.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Euro Tech in a report on Thursday, February 6th. They set a “sell” rating for the company.

About Euro Tech

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.