Ostin Technology Group (NASDAQ:OST) Trading Down 2.1%

Ostin Technology Group Co., Ltd. (NASDAQ:OST – Get Rating) was down 2.1% on Wednesday . The company traded as low as $1.10 and last traded at $1.14. Approximately 28,639 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 80,151 shares. The stock had previously closed at $1.17.

Ostin Technology Group Stock Down 0.9 %

The business has a 50 day simple moving average of $0.97 and a two-hundred day simple moving average of $1.02.

Hedge Funds Weigh In On Ostin Technology Group

A hedge fund recently raised its stake in Ostin Technology Group stock. Renaissance Technologies LLC boosted its stake in shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST – Get Rating) by 44.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,900 shares of the company’s stock after acquiring an additional 16,900 shares during the quarter. Renaissance Technologies LLC owned 0.41% of Ostin Technology Group worth $52,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.28% of the company’s stock.

About Ostin Technology Group

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Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. The company offers TFT-LCD solutions for drive IC, TCON board, and power supply applications; back light systems and special modules; LC display modules, touch panel modules, and smart display terminals; and polarizers used in the TFT-LCD display modules.