LightInTheBox Holding Co., Ltd. (NYSE:LITB – Get Free Report) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 97,300 shares, a drop of 21.2% from the June 30th total of 123,400 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,000 shares, the short-interest ratio is presently 1.1 days.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on LightInTheBox in a research report on Tuesday, July 23rd. They set a “buy” rating for the company.
Check Out Our Latest Stock Analysis on LightInTheBox
LightInTheBox Price Performance
LightInTheBox (NYSE:LITB – Get Free Report) last posted its quarterly earnings data on Tuesday, May 28th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $71.17 million during the quarter.
About LightInTheBox
LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.
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