Decent Holding Inc. (NASDAQ:DXST) Short Interest Update

Decent Holding Inc. (NASDAQ:DXST) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 17,477 shares, a growth of 78.8% from the June 30th total of 9,773 shares. Based on an average daily trading volume, of 423,669 shares, the short-interest ratio is presently 0.0 days. Approximately 1.0% of the shares of the company are sold short.

Decent Stock Up 3.3%

Decent stock traded up $0.07 during mid-day trading on Thursday, reaching $2.35. 47,616 shares of the stock traded hands, compared to its average volume of 1,784,937. Decent has a 12-month low of $1.50 and a 12-month high of $62.00. The business’s 50-day moving average is $2.45 and its 200-day moving average is $8.49.

Insider Buying and Selling

In other Decent news, major shareholder Financial Lp Hrt sold 128,698 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $5.36, for a total value of $689,821.28. Following the completion of the transaction, the insider owned 59,694 shares of the company’s stock, valued at approximately $319,959.84. The trade was a 68.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Decent

An institutional investor recently bought a new position in Decent stock. Jane Street Group LLC acquired a new position in Decent Holding Inc. (NASDAQ:DXST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned about 0.40% of Decent at the end of the most recent quarter.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Wall Street Zen upgraded shares of Decent from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings restated a “sell (d)” rating on shares of Decent in a report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Decent Company Profile

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes. The company was founded by Ding Xin Sun on January 6, 2022 and is headquartered in Yantai, China.