Short Interest in Euro Tech Holdings Company Limited (NASDAQ:CLWT) Increases By 17.7%

Euro Tech Holdings Company Limited (NASDAQ:CLWTGet 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

An institutional investor recently raised its position in Euro Tech stock. Renaissance Technologies LLC lifted its position in Euro Tech Holdings Company Limited (NASDAQ:CLWTGet Rating) by 40.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,090 shares of the company’s stock after purchasing an additional 27,509 shares during the period. Renaissance Technologies LLC owned about 1.24% of Euro Tech worth $146,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 5.83% of the company’s stock.

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

(Get Rating)

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.

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