LiqTech International, Inc. ( NASDAQ:LIQT – Get Free Report ) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 187,199 shares, an increase of 62.2% from the August 15th total of 115,399 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 70,892 shares, the days-to-cover ratio is currently 2.6 days.
Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on the stock. Zacks Research upgraded shares of LiqTech International from a “strong sell” rating to a “hold” rating in a report on Monday, August 17th. Weiss Ratings cut shares of LiqTech International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, July 24th. Finally, Ascendiant Capital Markets lowered their target price on shares of LiqTech International to $1.30 and set a “buy” rating for the company in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat...