Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Update

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 2,400 shares, a decline of 40.0% from the December 31st total of 4,000 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Euro Tech Price Performance

Shares of NASDAQ:CLWT traded up $0.02 during midday trading on Friday, reaching $1.33. The company had a trading volume of 5,528 shares, compared to its average volume of 6,264. Euro Tech has a 1-year low of $1.22 and a 1-year high of $1.94. The business’s 50 day moving average price is $1.41 and its 200 day moving average price is $1.49.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Euro Tech in a research report on Wednesday. They issued a “sell” rating for the company.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC bought a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned about 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 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.