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

Euro Tech Holdings Company Limited (NASDAQ:CLWT) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 8,700 shares, a growth 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.

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 Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 SEC filing. Institutional investors own 2.86% of the company’s stock.

Wall Street Analyst Weigh In

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

Euro Tech Stock Down 1.6 %

CLWT traded down $0.02 during mid-day trading on Wednesday, reaching $1.25. The stock had a trading volume of 10,296 shares, compared to its average volume of 7,688. Euro Tech has a 52 week low of $1.16 and a 52 week high of $1.94. The firm’s fifty day simple moving average is $1.39 and its two-hundred day simple moving average is $1.48.

Euro Tech Company Profile

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.