Addentax Group Corp. (NASDAQ:ATXG) Short Interest Update

Addentax Group Corp. (NASDAQ:ATXG) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 39,600 shares, a growth of 47.2% from the December 15th total of 26,900 shares. Based on an average daily volume of 20,700 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.8% of the company’s stock are sold short.

Addentax Group Stock Up 4.4 %

ATXG traded up $0.03 during trading on Friday, reaching $0.71. The stock had a trading volume of 8,394 shares, compared to its average volume of 42,118. Addentax Group has a one year low of $0.49 and a one year high of $1.77. The company has a market capitalization of $3.03 million, a price-to-earnings ratio of -0.94 and a beta of 1.21. The company has a current ratio of 11.54, a quick ratio of 11.46 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $0.63 and its two-hundred day moving average is $0.65.

About Addentax Group

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.