Addentax Group Corp. (NASDAQ:ATXG) Short Interest Down 20.9% in September

Addentax Group Corp. (NASDAQ:ATXG) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 23,800 shares, a drop of 20.9% from the September 15th total of 30,100 shares. Based on an average daily trading volume, of 109,800 shares, the short-interest ratio is currently 0.2 days. Approximately 0.5% of the company’s shares are sold short.

Addentax Group Trading Down 4.9 %

Shares of NASDAQ:ATXG traded down $0.04 during midday trading on Monday, reaching $0.72. The company’s stock had a trading volume of 6,069 shares, compared to its average volume of 89,816. Addentax Group has a fifty-two week low of $0.49 and a fifty-two week high of $1.77. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.70 and a current ratio of 6.74. The firm has a 50 day moving average price of $0.62 and a two-hundred day moving average price of $0.80. The firm has a market capitalization of $3.09 million, a price-to-earnings ratio of -1.05 and a beta of 1.67.

Addentax Group (NASDAQ:ATXG) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.25) EPS for the quarter. The company had revenue of $0.85 million for the quarter. Addentax Group had a negative return on equity of 10.59% and a negative net margin of 32.35%.

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.