Euro Tech Holdings Company Limited (NASDAQ:CLWT) Sees Large Increase in Short Interest

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 8,700 shares, an increase of 262.5% from the January 15th total of 2,400 shares. Based on an average trading volume of 8,200 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Euro Tech in a research report on Thursday, February 6th. They issued a “sell” rating on the stock.

Institutional Investors Weigh In On Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 2.86% of the company’s stock.

Euro Tech Stock Performance

Shares of NASDAQ CLWT traded down $0.07 during trading on Thursday, reaching $1.20. The company had a trading volume of 10,296 shares, compared to its average volume of 6,751. The stock has a 50-day moving average price of $1.38 and a two-hundred day moving average price of $1.48. Euro Tech has a twelve month low of $1.16 and a twelve month high of $1.94.

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.