Haier Smart Home Co., Ltd. (OTCMKTS:HRSHF – Get Rating) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 8,805,800 shares, a decline of 11.4% from the August 31st total of 9,933,700 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 2,751.8 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded Haier Smart Home from an "underperform" rating to a "market perform" rating in a report on Monday, September 26th.

Haier Smart Home Stock Performance

OTCMKTS HRSHF opened at $2.97 on Friday. Haier Smart Home has a fifty-two week low of $2.87 and a fifty-two week high of $4.28. The business has a 50 day moving average price of $3.06 and a two-hundred day moving average price of $3.23.

Haier Smart Home Company Profile

Haier Smart Home Co, Ltd. engages in the research, development, production, and sale of smart home appliances in Asia, Europe, the United States, Australia, Africa, and internationally. The company operates through three segments: China Smart Home Business, Overseas Home Appliance and Smart Home Business, and Other Business.

Further Reading

• Get a free copy of the StockNews.com research report on Haier Smart Home (HRSHF)
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