PS International Group Ltd. (NASDAQ:PSIG) Short Interest Update

PS International Group Ltd. (NASDAQ:PSIG) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 677 shares, a drop of 95.0% from the November 30th total of 13,580 shares. Based on an average trading volume of 116,934 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 116,934 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of PS International Group in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, PS International Group currently has a consensus rating of “Sell”.

PS International Group Price Performance

Shares of PSIG traded up $0.05 during mid-day trading on Thursday, hitting $4.31. The company had a trading volume of 23,341 shares, compared to its average volume of 103,525. PS International Group has a 1-year low of $2.14 and a 1-year high of $6.79. The business’s 50-day simple moving average is $4.08 and its 200-day simple moving average is $3.62.

PS International Group Company Profile

PS International Group, Inc (NASDAQ:PSIG) is a specialized provider of engineered pipe supports, hangers and accessories for industrial applications. The company’s product suite encompasses custom?designed brackets, snubbers, spring supports, insulation components and vibration?control solutions that help maintain the integrity of pressure piping systems under a wide range of operating conditions.

Serving diverse end markets—including oil and gas production, petrochemical processing, power generation, refining and industrial construction—PS International Group integrates in-house design, manufacturing and distribution capabilities to meet project-specific requirements.