YSX Tech Co., Ltd (NASDAQ:YSXT) Sees Significant Increase in Short Interest

YSX Tech Co., Ltd (NASDAQ:YSXT) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 6,328 shares, a growth of 1,016.0% from the June 15th total of 567 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 19,909 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of YSX Tech

Several large investors have recently bought and sold shares of the business. Geode Capital Management LLC bought a new stake in YSX Tech in the second quarter valued at $89,000. HRT Financial LP boosted its position in shares of YSX Tech by 73.8% during the 4th quarter. HRT Financial LP now owns 71,555 shares of the company’s stock worth $89,000 after purchasing an additional 30,381 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of YSX Tech during the 4th quarter worth about $279,000.

YSX Tech Stock Performance

Shares of YSXT stock remained flat at $1.01 during trading on Friday. The company had a trading volume of 5,629,742 shares, compared to its average volume of 19,191. The stock’s 50 day simple moving average is $1.09 and its 200-day simple moving average is $1.20. YSX Tech has a fifty-two week low of $0.93 and a fifty-two week high of $5.96.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of YSX Tech in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

YSX Tech Company Profile

YSX Tech. Co Ltd. engages in providing comprehensive business solutions to enterprise customers, mainly insurance companies and brokerages in China. Its service includes electronic engineering, PCB fabrication, SMT and PCB assembly, components sourcing, prototyping, box build, turn-key solution and other value-added services for a broad range of companies with regard to telecommunication, consumptive electronics, industrial test and control, medical equipment, power supply, security, vehicle and more.