YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) Short Interest Down 56.2% in August

YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 81,534 shares, a decline of 56.2% from the August 15th total of 186,121 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 176,627 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On YXT.COM Group

An institutional investor recently raised its position in YXT.COM Group stock. Citadel Advisors LLC boosted its stake in YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) by 102.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,271 shares of the company’s stock after acquiring an additional 27,911 shares during the period. Citadel Advisors LLC owned 0.09% of YXT.COM Group worth $55,000 at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of YXT.COM Group in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, YXT.COM Group has a consensus rating of “Sell”.

YXT.COM Group Trading Down 1.7%

Shares of NASDAQ:YXT traded down $0.04 on Monday, reaching $2.34. 4,496 shares of the company traded hands, compared to its average volume of 561,085. The business’s 50-day simple moving average is $3.80 and its 200 day simple moving average is $50.77. The company has a quick ratio of 0.49, a current ratio of 0.33 and a debt-to-equity ratio of 0.10. YXT.COM Group has a 52 week low of $2.27 and a 52 week high of $32.14.

YXT.COM Group (NASDAQ:YXT) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $11.93 million during the quarter.

YXT.COM Group Company Profile

YXT.COM Group Holding Limited, through its subsidiaries, provides digital corporate learning solution in the People’s Republic of China. The company offers corporate learning platform, personalized e-learning system, teaching tools, and online courses, as well as offline courses and courseware recording service. It also engages in the technology development; and sale of Software-as-a-Service and content. YXT.COM Group Holding Limited was formerly known as Unicentury Group Holding Limited and changed its name to YXT.COM Group Holding Limited in May 2021.