Decent Holding Inc. (NASDAQ:DXST) Short Interest Down 35.5% in April

Decent Holding Inc. (NASDAQ:DXSTGet Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 16,432 shares, a drop of 35.5% from the April 15th total of 25,463 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average daily volume of 45,237 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DXST. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Decent in a research report on Friday, May 1st. Wall Street Zen raised Decent from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Research Report on Decent

Institutional Investors Weigh In On Decent

A hedge fund recently bought a new stake in Decent stock. Jane Street Group LLC bought a new stake in Decent Holding Inc. (NASDAQ:DXSTFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned about 0.40% of Decent as of its most recent filing with the SEC.

Decent Price Performance

Shares of Decent stock opened at $1.83 on Wednesday. The business’s 50 day simple moving average is $3.28 and its 200 day simple moving average is $20.63. Decent has a 52-week low of $1.70 and a 52-week high of $62.00.

Decent (NASDAQ:DXSTGet Free Report) last announced its earnings results on Monday, March 2nd. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $3.69 million during the quarter.

About Decent

(Get Free Report)

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. The company was founded by Ding Xin Sun on January 6, 2022 and is headquartered in Yantai, China.

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