J-Star Holding Co., Ltd (NASDAQ:YMAT) Short Interest Update

J-Star Holding Co., Ltd (NASDAQ:YMAT) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 554,975 shares, a growth of 2,620.6% from the April 30th total of 20,399 shares. Based on an average daily trading volume, of 36,804,425 shares, the days-to-cover ratio is currently 0.0 days. Approximately 4.0% of the company’s stock are short sold.

J-Star Trading Down 18.1%

NASDAQ:YMAT traded down $0.25 on Wednesday, hitting $1.13. 4,716,122 shares of the company’s stock were exchanged, compared to its average volume of 6,177,160. The firm has a 50-day moving average price of $0.47 and a 200-day moving average price of $0.54. J-Star has a 52 week low of $0.24 and a 52 week high of $6.45.

J-Star (NASDAQ:YMAT) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.62) EPS for the quarter. The business had revenue of ($0.33) million for the quarter.

Institutional Investors Weigh In On J-Star

A hedge fund recently bought a new stake in J-Star stock. Citadel Advisors LLC purchased a new position in shares of J-Star Holding Co., Ltd (NASDAQ:YMAT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned approximately 0.40% of J-Star at the end of the most recent reporting period.

J-Star Company Profile

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.