Addentax Group Corp. (NASDAQ:ATXG) Short Interest Down 8.3% in July

Addentax Group Corp. (NASDAQ:ATXG) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 4,400 shares, a decrease of 8.3% from the June 30th total of 4,800 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 85,600 shares, the short-interest ratio is currently 0.1 days.

Addentax Group Stock Performance

NASDAQ:ATXG remained flat at $0.71 during trading hours on Wednesday. 18,166 shares of the company’s stock were exchanged, compared to its average volume of 101,773. The company has a debt-to-equity ratio of 0.10, a quick ratio of 6.35 and a current ratio of 6.37. The stock has a fifty day moving average of $0.86 and a 200-day moving average of $0.97. The firm has a market cap of $3.04 million, a price-to-earnings ratio of -0.98 and a beta of 1.70. Addentax Group has a 52 week low of $0.65 and a 52 week high of $3.72.

Addentax Group (NASDAQ:ATXG) last posted its quarterly earnings data on Monday, July 15th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $1.30 million during the quarter. Addentax Group had a negative net margin of 60.34% and a negative return on equity of 11.58%.

About Addentax Group

Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.