YSX Tech Co., Ltd (NASDAQ:YSXT) Short Interest Down 76.3% in July

YSX Tech Co., Ltd (NASDAQ:YSXT) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 44,230 shares, a drop of 76.3% from the July 15th total of 186,927 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 62,687 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

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

YSX Tech Trading Down 1.2%

Shares of NASDAQ YSXT traded down $0.01 during midday trading on Thursday, reaching $0.98. 6,986 shares of the stock were exchanged, compared to its average volume of 290,041. YSX Tech has a 52-week low of $0.50 and a 52-week high of $5.01. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.79 and a current ratio of 2.79. The stock has a 50 day moving average price of $1.03 and a 200-day moving average price of $1.13.

Institutional Trading of YSX Tech

A number of hedge funds have recently bought and sold shares of YSXT. Jane Street Group LLC acquired a new position in YSX Tech in the 4th quarter valued at $279,000. HRT Financial LP lifted its stake 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 during the period. Finally, Geode Capital Management LLC acquired a new stake in shares of YSX Tech during the second quarter worth $89,000.

About YSX Tech

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.