Addentax Group Corp. (NASDAQ:ATXG) Short Interest Update

Addentax Group Corp. (NASDAQ:ATXG) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 39,600 shares, a growth of 47.2% from the December 15th total of 26,900 shares. Based on an average daily trading volume, of 20,700 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.8% of the company’s stock are sold short.

Addentax Group Stock Up 6.1 %

NASDAQ ATXG traded up $0.04 during trading on Thursday, hitting $0.71. 4,270 shares of the company traded hands, compared to its average volume of 44,910. Addentax Group has a 12 month low of $0.49 and a 12 month high of $1.77. The business has a fifty day simple moving average of $0.62 and a 200 day simple moving average of $0.65. The company has a market capitalization of $3.06 million, a P/E ratio of -0.98 and a beta of 1.21. The company has a current ratio of 11.54, a quick ratio of 11.46 and a debt-to-equity ratio of 0.13.

Addentax Group Company Profile

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.