YSX Tech Co., Ltd (NASDAQ:YSXT) Short Interest Up 2,854.0% in July

YSX Tech Co., Ltd (NASDAQ:YSXT) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 186,927 shares, an increase of 2,854.0% from the June 30th total of 6,328 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 992,385 shares, the days-to-cover ratio is presently 0.2 days.

YSX Tech Price Performance

NASDAQ YSXT opened at $0.86 on Friday. YSX Tech has a 1 year low of $0.50 and a 1 year high of $5.01. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.79 and a current ratio of 2.79. The company has a fifty day moving average of $1.05 and a 200 day moving average of $1.17.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of YSX Tech in a research note on Tuesday, June 30th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of YSX Tech

A number of hedge funds have recently modified their holdings of YSXT. Geode Capital Management LLC acquired a new position in YSX Tech in the second quarter valued at approximately $89,000. HRT Financial LP boosted its stake in shares of 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 acquiring an additional 30,381 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of YSX Tech during the 4th quarter valued at about $279,000.

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.