Euro Tech Holdings Company Limited (NASDAQ:CLWT) Short Interest Up 8.3% in March

Euro Tech Holdings Company Limited (NASDAQ:CLWT) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 3,900 shares, an increase of 8.3% from the March 15th total of 3,600 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Euro Tech

A hedge fund recently bought a new stake in Euro Tech stock. Citadel Advisors 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. The fund acquired 21,965 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned about 0.28% of Euro Tech as of its most recent filing with the Securities and Exchange Commission. 2.86% of the stock is owned by institutional investors and hedge funds.

Euro Tech Price Performance

Shares of Euro Tech stock traded up $0.01 on Tuesday, reaching $1.58. The stock had a trading volume of 966 shares, compared to its average volume of 11,513. Euro Tech has a fifty-two week low of $1.01 and a fifty-two week high of $1.82. The business’s 50-day moving average price is $1.49 and its two-hundred day moving average price is $1.50.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Euro Tech in a report on Tuesday. They issued 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.