Short Interest in LightInTheBox Holding Co., Ltd. (NYSE:LITB) Increases By 33.7%

LightInTheBox Holding Co., Ltd. (NYSE:LITB - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 70,600 shares, an increase of 33.7% from the July 31st total of 52,800 shares. Currently, 0.1% of the company's shares are short sold. Based on an average trading volume of 111,800 shares, the short-interest ratio is currently 0.6 days.Get LightInTheBox alerts:Wall Street Analysts Forecast GrowthSeparately, StockNews.com assumed coverage on LightInTheBox in a research note on Saturday, August 24th. They issued a "buy" rating for the company.Check Out Our Latest Report on LITBLightInTheBox Stock PerformanceShares of LITB opened at $0.65 on Friday. The firm has a market capitalization of $72.26 million, a PE ratio of -8.13 and a beta of 0.95. The stock has a 50 day simple moving average of $0.67 and a 200 day simple moving average of $0.74. LightInTheBox has a 52-week low of $0.40 and a 52-week high of $1.47. LightInTheBox shares are scheduled to reverse split on the morning of Thursday, September 5th. The 1-6 reverse split was announced on Tuesday, August 27th. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, September 4th.LightInTheBox (NYSE:LITB - Get Free Report) last announced its earnings results on Friday, August 2nd. The technology company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $69.36 million during the quarter. About LightInTheBox (Get Free Report)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.Further ReadingFive stocks we like better than LightInTheBoxWhere Do I Find 52-Week Highs and Lows?Does A&F's Q2 Earnings Win Point to a Strong Holiday Season?Low PE Growth Stocks: Unlocking Investment OpportunitiesBest Buy Stock Flashes Bullish Signal, Challenges RemainWhy Understanding Call Option Volume is Essential to Successful Options TradingAffirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest ResultsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Biden’s Big Fix (From Stansberry Research) (Ad)Should you invest $1,000 in LightInTheBox right now?Before you consider LightInTheBox, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LightInTheBox wasn't on the list.While LightInTheBox currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here