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

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

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Euro Tech in a research note on Wednesday, January 29th. They issued a “sell” rating for the company.

Euro Tech Stock Performance

Shares of CLWT opened at $1.33 on Monday. Euro Tech has a 12 month low of $1.22 and a 12 month high of $1.94. The stock has a fifty day moving average price of $1.41 and a 200 day moving average price of $1.49.

Hedge Funds Weigh In On Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 2.86% of the company’s stock.

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.