1,047K shares changed hands in the last trading session. Shares saw a steep increase in trading volume of 1,584.84% over the normal average daily volume.
Traders are a little more bearish on shares of Euro Tech Hldg lately considering the rise in short interest. The company had a rise in short interest from September 29, 2017 to October 13, 2017 of 308.08%. Short interest grew from 1,461 to 5,962 over that period. With short interest at 5,962 and short average daily volume at 5,870, days to cover is 1.0 and the percentage of shorted shares was 0.00% on October 13.
A few notable investment firms have updated their holdings. Tower Research Capital LLC (trc) trimmed its holdings by selling 717 shares a decrease of 98.1% from 09/30/2016 to 03/31/2017. Tower Research Capital LLC (trc) currently owns 14 shares valued at $0. The total value of its holdings decreased 100.0%. As of the end of the quarter Ubs Group Ag had acquired 1,050 shares growing its position 123.5%. The value of the total investment in Euro Tech Hldg went from $3,000 to $6,000 increasing 100.0% quarter over quarter.
Morgan Stanley expanded its investment by buying 200 shares an increase of 3.8% as of 09/30/2017. Morgan Stanley claims 5,500 shares with a value of $19,000. The value of the position overall is up by 11.8%.
The company is trading up by 4.64% since yesterday’s close of 3.4. The most current P/E ratio is 31.75 and the market value is 7.34M. As of the latest earnings report the EPS was $0.11 with 2.06M shares presently outstanding.
Euro Tech Holdings Company Limited (Euro Tech), launched on October 30, 1996, is a distributor of a range of advanced water treatment equipment, laboratory instruments, analyzers, test kits and related supplies and power generation equipment (including recorders and power quality analyzers). The Company acts as a distributor for manufacturers of such equipment, primarily to commercial customers and governmental agencies or instrumentalities in Hong Kong and the People’s Republic of China (PRC). The Company operates two segments: Trading and manufacturing, and Engineering. The Company distributes products through its Hong Kong headquarters, its trading companies and representative offices in Beijing, Shanghai, Guangzhou, Chongqing, Xi’An, Shenyang and Urumqi. The Business’s PRC trading subsidiaries are Chongqing Euro Tech Rizhi Technology Company, Rizhi Euro Tech Investments (Shaanxi) Company Limited and Guangzhou Euro Tech Environmental Equipment Company Limited..Advertisement