Short Interest in YSX Tech Co., Ltd (NASDAQ:YSXT) Declines By 94.7%

YSX Tech Co., Ltd (NASDAQ:YSXT) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 3,714 shares, a drop of 94.7% from the March 15th total of 70,630 shares. Based on an average daily trading volume, of 244,460 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HRT Financial LP boosted its holdings in YSX Tech by 73.8% in the fourth quarter. HRT Financial LP now owns 71,555 shares of the company’s stock valued at $89,000 after purchasing an additional 30,381 shares during the period. Geode Capital Management LLC purchased a new position in YSX Tech in the second quarter valued at $89,000. Finally, Jane Street Group LLC purchased a new position in YSX Tech in the fourth quarter valued at $279,000.

Wall Street Analyst Weigh In

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

YSX Tech Trading Up 0.8%

NASDAQ:YSXT opened at $1.22 on Friday. The stock has a fifty day moving average price of $1.26 and a 200 day moving average price of $1.72. YSX Tech has a 12-month low of $1.03 and a 12-month high of $9.96.

YSX Tech (NASDAQ:YSXT) last released its earnings results on Friday, January 30th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $20.50 million during the quarter.

About YSX Tech

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.