LiqTech International Inc (NYSEAMERICAN:LIQT) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,778,352 shares, a decline of 1.9% from the January 15th total of 3,850,252 shares. Approximately 5.8% of the company’s shares are sold short. Based on an average daily volume of 921,628 shares, the short-interest ratio is presently 4.1 days.
A number of hedge funds have recently bought and sold shares of LIQT. Calamos Wealth Management LLC bought a new position in LiqTech International during the fourth quarter worth about $69,000. FNY Investment Advisers LLC bought a new stake in shares of LiqTech International in the third quarter valued at about $760,000. Vanguard Group Inc. lifted its holdings in shares of LiqTech International by 17.9% in the third quarter. Vanguard Group Inc. now owns 466,962 shares of the industrial goods maker’s stock valued at $775,000 after purchasing an additional 70,813 shares in the last quarter. Vanguard Group Inc lifted its holdings in shares of LiqTech International by 17.9% in the third quarter. Vanguard Group Inc now owns 466,962 shares of the industrial goods maker’s stock valued at $775,000 after purchasing an additional 70,813 shares in the last quarter. Finally, Ingalls & Snyder LLC bought a new stake in shares of LiqTech International in the third quarter valued at about $1,457,000.
Separately, Lake Street Capital initiated coverage on LiqTech International in a research note on Tuesday, December 4th. They set a “buy” rating and a $3.00 price objective for the company.
Shares of LiqTech International stock opened at $1.84 on Tuesday. LiqTech International has a 12 month low of $0.30 and a 12 month high of $2.17.
LiqTech International (NYSEAMERICAN:LIQT) last posted its earnings results on Wednesday, November 14th. The industrial goods maker reported ($0.01) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.01. The business had revenue of $3.35 million for the quarter.
COPYRIGHT VIOLATION WARNING: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2019/02/12/liqtech-international-inc-liqt-short-interest-update.html.
About LiqTech International
LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.
Featured Article: Do closed-end mutual funds pay dividends?
Receive News & Ratings for LiqTech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiqTech International and related companies with MarketBeat.com's FREE daily email newsletter.