Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Up 32.8% in June

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 7,700 shares, an increase of 32.8% from the May 31st total of 5,800 shares. Based on an average daily trading volume, of 13,700 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short.

Euro Tech Price Performance

NASDAQ CLWT traded down $0.01 on Monday, reaching $1.74. The stock had a trading volume of 21,628 shares, compared to its average volume of 13,652. Euro Tech has a 12-month low of $1.22 and a 12-month high of $1.94. The business’s 50-day moving average price is $1.73 and its 200 day moving average price is $1.59.

Euro Tech Cuts Dividend

The firm also recently disclosed a — dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, June 13th.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Euro Tech in a research report on Thursday. They set a “sell” rating for the company.

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.