Euro Tech Holdings Company Limited (NASDAQ:CLWT – Get Rating) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 68,500 shares, an increase of 17.7% from the June 30th total of 58,200 shares. Currently, 6.3% of the shares of the company are sold short. Based on an average trading volume of 24,100 shares, the short-interest ratio is presently 2.8 days.
Euro Tech Trading Up 7.1 %
CLWT opened at $1.35 on Thursday. The firm has a fifty day moving average price of $1.32 and a 200 day moving average price of $1.46. Euro Tech has a 1 year low of $1.07 and a 1 year high of $2.71.
Euro Tech Cuts Dividend
The company also recently announced a special dividend, which was paid on Thursday, June 23rd. Investors of record on Monday, June 13th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, June 10th.
Hedge Funds Weigh In On Euro Tech
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of Euro Tech in a research note on Monday. They issued a “sell” rating for the company.
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.
- Get a free copy of the StockNews.com research report on Euro Tech (CLWT)
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