YSX Tech Co., Ltd (NASDAQ:YSXT – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,489 shares, a decline of 60.4% from the May 14th total of 11,333 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,307 shares, the days-to-cover ratio is presently 0.5 days.
YSX Tech Price Performance
Shares of YSXT stock traded up $0.12 during trading hours on Friday, reaching $1.27. 43,182 shares of the stock were exchanged, compared to its average volume of 297,455. YSX Tech has a 12-month low of $0.93 and a 12-month high of $6.05. The company’s 50-day moving average price is $1.11 and its 200-day moving average price is $1.30.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of YSX Tech in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, YSX Tech presently has an average rating of “Sell”.
Institutional Investors Weigh In On YSX Tech
Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC purchased a new position in shares of YSX Tech during the 2nd quarter worth $89,000. HRT Financial LP raised its stake in shares of YSX Tech by 73.8% during the 4th quarter. HRT Financial LP now owns 71,555 shares of the company’s stock worth $89,000 after buying an additional 30,381 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of YSX Tech during the 4th quarter worth approximately $279,000.
About YSX Tech
YSX Tech. Co Ltd. engages in providing comprehensive business solutions to enterprise customers, mainly insurance companies and brokerages in China. Its service includes electronic engineering, PCB fabrication, SMT and PCB assembly, components sourcing, prototyping, box build, turn-key solution and other value-added services for a broad range of companies with regard to telecommunication, consumptive electronics, industrial test and control, medical equipment, power supply, security, vehicle and more.
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