Short Interest in Ostin Technology Group Co., Ltd. (NASDAQ:OST) Decreases By 67.1%

Ostin Technology Group Co., Ltd. (NASDAQ:OST) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 102,700 shares, a decline of 67.1% from the January 15th total of 311,900 shares. Currently, 10.1% of the company’s stock are short sold. Based on an average daily volume of 759,500 shares, the days-to-cover ratio is currently 0.1 days.

Ostin Technology Group Stock Performance

Ostin Technology Group stock traded up $0.04 during mid-day trading on Wednesday, hitting $2.57. The company’s stock had a trading volume of 36,334 shares, compared to its average volume of 1,629,012. Ostin Technology Group has a 52-week low of $1.60 and a 52-week high of $7.03. The company has a quick ratio of 0.24, a current ratio of 0.51 and a debt-to-equity ratio of 0.22. The firm’s 50 day moving average is $2.17 and its 200 day moving average is $2.80.

About Ostin Technology Group

Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. It offers display modules to markets, such as consumer electronics, including AIOs, monitors, laptop computers, and tablets; automotive displays, including dashboard, and navigation and multimedia systems; and commercial LCD displays, which are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs in education, medical treatment, business, outdoor, and cultural construction industries.