Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Grows By 14.3%

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,000 shares, an increase of 14.3% from the December 15th total of 3,500 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Euro Tech in a research report on Monday, January 13th. They issued a “sell” rating on the stock.

Euro Tech Trading Down 3.9 %

CLWT stock traded down $0.05 during mid-day trading on Friday, hitting $1.34. 4,826 shares of the company were exchanged, compared to its average volume of 6,689. Euro Tech has a 1-year low of $1.28 and a 1-year high of $1.94. The business has a 50 day simple moving average of $1.43 and a 200-day simple moving average of $1.51.

Institutional Trading of Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 reporting period. Institutional investors and hedge funds 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.