Decent Holding Inc. (NASDAQ:DXST) Sees Significant Growth in Short Interest

Decent Holding Inc. (NASDAQ:DXST) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 4,600 shares, an increase of 53.3% from the September 30th total of 3,000 shares. Based on an average daily volume of 30,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 30,800 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Decent in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Decent Stock Down 1.7%

Shares of DXST stock opened at $1.18 on Tuesday. The stock’s 50-day moving average is $1.33 and its 200 day moving average is $1.25. Decent has a 1-year low of $0.85 and a 1-year high of $5.74.

About Decent

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.