Short Interest in Ostin Technology Group Co., Ltd. (NASDAQ:OST) Expands By 23.4%

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 29,000 shares, a growth of 23.4% from the February 28th total of 23,500 shares. Based on an average trading volume of 759,700 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.3% of the shares of the stock are short sold.

Ostin Technology Group Trading Down 2.4 %

Shares of NASDAQ OST traded down $0.04 on Tuesday, hitting $1.48. The company’s stock had a trading volume of 12,258 shares, compared to its average volume of 208,952. The stock has a 50 day moving average of $2.39 and a 200-day moving average of $2.58. Ostin Technology Group has a 12-month low of $1.43 and a 12-month high of $5.78. The company has a quick ratio of 0.24, a current ratio of 0.51 and a debt-to-equity ratio of 0.22.

About Ostin Technology Group

Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. It offers display modules to markets, such as consumer electronics, including AIOs, monitors, laptop computers, and tablets; automotive displays, including dashboard, and navigation and multimedia systems; and commercial LCD displays, which are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs in education, medical treatment, business, outdoor, and cultural construction industries.