Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 10,300 shares, a drop of 48.2% from the August 30th total of 19,900 shares. Based on an average daily trading volume, of 12,600 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the shares of the company are short sold.
Separately, ValuEngine cut Lightinthebox from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd.
LITB stock traded down $0.01 during mid-day trading on Friday, reaching $1.06. The company had a trading volume of 21,580 shares, compared to its average volume of 16,905. Lightinthebox has a one year low of $0.60 and a one year high of $1.81. The stock’s 50-day simple moving average is $1.29 and its two-hundred day simple moving average is $1.43.
LightInTheBox Holding Co, Ltd., through its subsidiaries, operates as an online retail company worldwide. It provides apparel products, including customized, special occasion, and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products.
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