Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Significant Drop in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 40,095 shares, a decline of 19.1% from the December 15th total of 49,585 shares. Based on an average trading volume of 6,185 shares, the short-interest ratio is presently 6.5 days. Currently, 2.5% of the company’s shares are sold short. Currently, 2.5% of the company’s shares are sold short. Based on an average trading volume of 6,185 shares, the short-interest ratio is presently 6.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Euro Tech in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Euro Tech Trading Down 0.8%

CLWT opened at $1.24 on Wednesday. The firm’s fifty day moving average is $1.17 and its two-hundred day moving average is $1.24. Euro Tech has a twelve month low of $0.99 and a twelve month high of $1.63.

Euro Tech (NASDAQ:CLWT) last released its quarterly earnings data on Tuesday, December 30th. The company reported ($0.01) EPS for the quarter. The company had revenue of $2.94 million for the quarter.

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. It sells analytical instruments, such as spectrophotometers, colorimeters, chromatographs, mass spectrometers, flow injector analyzers, automated sample preparation workstations, and atomic spectrometers; environmental monitoring instruments comprising air and water quality monitoring instruments; sample pre-treatment equipment; and general-purpose laboratory instruments consisting of water quality monitoring and analysis equipment.