Leishen Energy Holding Co., Ltd. (NASDAQ:LSE) Short Interest Down 46.2% in September

Key Points

• Short interest in Leishen Energy decreased by 46.2% in September, from 22,300 shares to 12,000 shares, indicating a positive shift in sentiment from investors.
• The stock has a consensus rating of "Sell" from analysts, with Weiss Ratings recently reissuing a "sell (d-)" rating.
• Leishen Energy's stock price has seen an increase of 0.6%, trading at $5.36, and its trading volume was 6,369 shares compared to the average volume of 11,269.

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE - Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 12,000 shares, a decrease of 46.2% from the September 15th total of 22,300 shares. Based on an average trading volume of 13,500 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the shares of the company are short sold. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 13,500 shares, the short-interest ratio is presently 0.9 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Leishen Energy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Leishen Energy has a consensus rating of "Sell".

Leishen Energy Stock Up 0.6%

LSE traded up $0.03 on Tuesday, hitting $5.36. The company's stock had a trading volume of 6,369 shares, compared to its average volume of 11,269. The company's 50 day simple moving average is $5.38 and its 200-day simple moving average is $5.45. Leishen Energy has a 12 month low of $3.76 and a 12 month high of $14.99.

Leishen Energy Company Profile

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC.

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