J-Star Holding Co., Ltd (NASDAQ:YMAT) Short Interest Update

J-Star Holding Co., Ltd (NASDAQ:YMAT) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 345,425 shares, a drop of 51.5% from the May 31st total of 711,723 shares. Based on an average daily volume of 5,035,868 shares, the short-interest ratio is presently 0.1 days. Approximately 2.5% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of J-Star to a “hold” rating in a report on Saturday, June 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

J-Star Price Performance

YMAT stock traded down $0.02 during midday trading on Thursday, hitting $0.54. The stock had a trading volume of 39,422 shares, compared to its average volume of 7,154,328. The business has a 50-day moving average of $0.68 and a two-hundred day moving average of $0.53. J-Star has a 52-week low of $0.23 and a 52-week high of $6.45.

J-Star (NASDAQ:YMAT) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.62) earnings per share (EPS) for the quarter. The company had revenue of ($0.33) million for the quarter.

Institutional Trading of J-Star

An institutional investor recently bought a new stake in J-Star stock. Citadel Advisors LLC bought a new position in J-Star Holding Co., Ltd (NASDAQ:YMAT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned approximately 0.40% of J-Star as of its most recent filing with the Securities and Exchange Commission (SEC).

J-Star Company Profile

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.