E-Home Household Service Holdings Limited (NASDAQ:EJH) Sees Large Growth in Short Interest

E-Home Household Service Holdings Limited (NASDAQ:EJH) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 1,610,000 shares, a growth of 540.9% from the July 15th total of 251,200 shares. Based on an average daily volume of 2,690,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On E-Home Household Service

An institutional investor recently bought a new position in E-Home Household Service stock. Wealthspire Advisors LLC purchased a new position in E-Home Household Service Holdings Limited (NASDAQ:EJH) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 68,378 shares of the company’s stock, valued at approximately $274,000. Wealthspire Advisors LLC owned approximately 2.51% of E-Home Household Service at the end of the most recent quarter. 37.31% of the stock is currently owned by institutional investors and hedge funds.

E-Home Household Service Trading Down 65.6 %

NASDAQ:EJH traded down $0.86 during trading hours on Tuesday, reaching $0.45. The stock had a trading volume of 6,349,082 shares, compared to its average volume of 1,803,538. The company has a debt-to-equity ratio of 0.01, a quick ratio of 9.04 and a current ratio of 9.04. E-Home Household Service has a 52 week low of $0.40 and a 52 week high of $25.30. The company has a 50 day moving average price of $1.12 and a two-hundred day moving average price of $1.43.

About E-Home Household Service

E-Home Household Service Holdings Limited, together with its subsidiaries, engages in the operation of household services in the People's Republic of China. The company operates through five segments: Installation and Maintenance, Housekeeping Services, Senior Care Services, Sales of Pharmaceutical Products, and Educational Consulting Services.