Decent Holding Inc. (NASDAQ:DXST) Short Interest Up 78.1% in December

Decent Holding Inc. (NASDAQ:DXST) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 101,614 shares, an increase of 78.1% from the November 30th total of 57,055 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 731,706 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 731,706 shares, the short-interest ratio is currently 0.1 days. Currently, 0.4% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Decent in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Decent Stock Down 0.7%

Shares of DXST stock opened at $1.35 on Tuesday. Decent has a 1 year low of $0.85 and a 1 year high of $5.74. The stock has a fifty day moving average price of $1.44 and a 200 day moving average price of $1.33.

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.