Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Up 262.5% in January

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a large growth in short interest in 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. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 8,200 shares, the days-to-cover ratio is currently 1.1 days.

Euro Tech Stock Performance

Shares of CLWT stock traded down $0.07 during trading hours on Thursday, reaching $1.20. 10,296 shares of the company’s stock were exchanged, compared to its average volume of 6,751. Euro Tech has a 1 year low of $1.16 and a 1 year high of $1.94. The company’s 50 day moving average is $1.38 and its two-hundred day moving average is $1.48.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Euro Tech in a research note on Thursday, February 6th. They set a “sell” rating for the company.

Institutional Investors Weigh In On Euro Tech

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC purchased a new stake in Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 312,338 shares of the company’s stock, valued at approximately $509,000. Garden State Investment Advisory Services LLC owned approximately 4.05% of Euro Tech as of its most recent SEC filing. 2.86% of the stock is owned by institutional investors and hedge funds.

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.