Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Up 14.3% in December

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 4,000 shares, a growth of 14.3% from the December 15th total of 3,500 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Euro Tech in a report on Monday, January 13th. They set a “sell” rating for the company.

Euro Tech Stock Down 3.9 %

CLWT stock traded down $0.05 during mid-day trading on Friday, reaching $1.34. 4,826 shares of the company traded hands, compared to its average volume of 6,689. Euro Tech has a 52-week low of $1.28 and a 52-week high of $1.94. The company has a fifty day moving average price of $1.43 and a 200-day moving average price of $1.51.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Euro Tech stock. Garden State Investment Advisory Services LLC acquired a new position in shares of Euro Tech Holdings Company Limited (NASDAQ:CLWT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 at the end of the most recent quarter. 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.