LQR House Inc. (NASDAQ:LQR) Short Interest Update

LQR House Inc. (NASDAQ:LQR) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 40,800 shares, a decrease of 20.3% from the August 15th total of 51,200 shares. Based on an average daily trading volume, of 208,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.8% of the company’s stock are short sold.

LQR House Trading Down 6.0 %

LQR stock traded down $0.04 during midday trading on Friday, hitting $0.59. 121,034 shares of the company traded hands, compared to its average volume of 441,170. LQR House has a twelve month low of $0.53 and a twelve month high of $29.00. The business has a 50 day simple moving average of $0.70 and a 200-day simple moving average of $1.07.

LQR House (NASDAQ:LQR) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.01). LQR House had a negative net margin of 907.47% and a negative return on equity of 152.13%. The company had revenue of $0.56 million for the quarter, compared to analyst estimates of $0.56 million. Equities analysts predict that LQR House will post -1.69 EPS for the current year.

LQR House Company Profile

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.