YSX Tech Co., Ltd (NASDAQ:YSXT) Sees Significant Decrease in Short Interest

YSX Tech Co., Ltd (NASDAQ:YSXT) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 4,489 shares, a decline of 60.4% from the May 14th total of 11,333 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 9,307 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of YSX Tech in a report on Thursday, April 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

YSX Tech Stock Up 8.7%

YSXT stock traded up $0.10 during trading on Friday, reaching $1.25. 49,589 shares of the stock were exchanged, compared to its average volume of 11,686. The firm’s 50 day moving average is $1.11 and its 200 day moving average is $1.30. YSX Tech has a twelve month low of $0.93 and a twelve month high of $6.05.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in YSXT. Jane Street Group LLC acquired a new position in YSX Tech during the 4th quarter worth approximately $279,000. HRT Financial LP raised its stake in 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 buying an additional 30,381 shares during the period. Finally, Geode Capital Management LLC acquired a new position in YSX Tech during the 2nd quarter worth approximately $89,000.

YSX Tech Company Profile

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.