Short Interest in LQR House Inc. (NASDAQ:YHC) Increases By 237.4%

LQR House Inc. (NASDAQ:YHCGet Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 374,106 shares, an increase of 237.4% from the May 31st total of 110,877 shares. Currently, 2.9% of the shares of the company are short sold. Based on an average trading volume of 635,493 shares, the days-to-cover ratio is currently 0.6 days.

LQR House Price Performance

Shares of YHC opened at $0.93 on Tuesday. LQR House has a 1 year low of $0.50 and a 1 year high of $11.14. The stock’s fifty day moving average price is $0.87 and its two-hundred day moving average price is $0.90. The firm has a market cap of $13.13 million, a PE ratio of -0.63 and a beta of 2.78.

LQR House (NASDAQ:YHCGet Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. LQR House had a negative return on equity of 45.42% and a negative net margin of 1,769.54%.The firm had revenue of $0.22 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of LQR House in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on YHC

Hedge Funds Weigh In On LQR House

An institutional investor recently bought a new stake in LQR House stock. Geode Capital Management LLC acquired a new stake in LQR House Inc. (NASDAQ:YHCFree Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 30,130 shares of the company’s stock, valued at approximately $27,000. Geode Capital Management LLC owned approximately 0.21% of LQR House at the end of the most recent quarter.

LQR House Company Profile

(Get Free Report)

LQR House, Inc provides digital marketing and brand development for alcoholic beverage space. It intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy to use platform and become the one-stop-shop for everything related to alcohol. The company was founded on January 11, 2021 and is headquartered in Miami Beach, FL.

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