LightInTheBox Holding Co., Ltd. (NYSE:LITB) Sees Significant Increase in Short Interest

LightInTheBox Holding Co., Ltd. (NYSE:LITB) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 35,600 shares, an increase of 64.1% from the March 31st total of 21,700 shares. Based on an average trading volume of 116,500 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

LightInTheBox Trading Down 2.1 %

Shares of NYSE:LITB traded down $0.02 on Monday, hitting $0.71. 26,625 shares of the company were exchanged, compared to its average volume of 98,450. LightInTheBox has a 1-year low of $0.64 and a 1-year high of $1.70. The stock’s 50 day moving average price is $0.80 and its 200 day moving average price is $1.03. The firm has a market capitalization of $78.93 million, a P/E ratio of -8.88 and a beta of 0.89.

LightInTheBox (NYSE:LITB) last posted its quarterly earnings data on Monday, March 25th. The technology company reported ($0.04) EPS for the quarter. The firm had revenue of $135.56 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of LightInTheBox in a research note on Friday. They set a “buy” rating for the company.

About LightInTheBox

LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.