Short Interest in YSX Tech Co., Ltd (NASDAQ:YSXT) Expands By 431.4%

YSX Tech Co., Ltd (NASDAQ:YSXT) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 299,089 shares, an increase of 431.4% from the January 15th total of 56,285 shares. Based on an average trading volume of 529,413 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.3% of the company’s stock are sold short. Currently, 1.3% of the company’s stock are sold short. Based on an average trading volume of 529,413 shares, the days-to-cover ratio is presently 0.6 days.

YSX Tech Stock Down 1.5%

Shares of YSXT opened at $1.31 on Wednesday. YSX Tech has a 12-month low of $1.03 and a 12-month high of $9.96. The firm’s 50 day moving average is $1.38 and its 200-day moving average is $2.12.

YSX Tech (NASDAQ:YSXT) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.06 EPS for the quarter. The business had revenue of $20.50 million for the quarter.

Institutional Trading of YSX Tech

A hedge fund recently bought a new stake in YSX Tech stock. Geode Capital Management LLC bought a new stake in YSX Tech Co., Ltd (NASDAQ:YSXT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,342 shares of the company’s stock, valued at approximately $89,000. Geode Capital Management LLC owned approximately 0.07% of YSX Tech at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of YSX Tech to a “hold” rating in a research report on Saturday, November 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

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.