LQR House Inc. (NASDAQ:LQR) Sees Large Decline in Short Interest

LQR House Inc. (NASDAQ:LQR) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 99,900 shares, a decline of 14.0% from the June 15th total of 116,200 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily volume of 190,800 shares, the short-interest ratio is currently 0.5 days.

LQR House Trading Down 0.1 %

NASDAQ LQR traded down $0.00 during trading hours on Monday, hitting $0.87. The company’s stock had a trading volume of 13,763 shares, compared to its average volume of 504,579. The stock has a fifty day moving average of $1.00 and a 200 day moving average of $1.59. LQR House has a twelve month low of $0.63 and a twelve month high of $290.00.

LQR House (NASDAQ:LQR) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.52) earnings per share for the quarter, beating analysts’ consensus estimates of ($19.16) by $18.64. The business had revenue of $0.48 million for the quarter, compared to the consensus estimate of $0.90 million. LQR House had a negative net margin of 1,229.70% and a negative return on equity of 211.26%. On average, analysts predict that LQR House will post -1.69 EPS for the current year.

LQR House Company Profile

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.