YSX Tech Co., Ltd (NASDAQ:YSXT) Sees Large Growth in Short Interest

YSX Tech Co., Ltd (NASDAQ:YSXT) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 63,529 shares, a growth of 59.9% from the August 15th total of 39,729 shares. Based on an average daily volume of 46,001 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.2% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

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

YSX Tech Trading Down 2.4%

YSXT opened at $1.24 on Thursday. The business’s 50-day simple moving average is $1.04 and its 200 day simple moving average is $1.13. YSX Tech has a 52-week low of $0.50 and a 52-week high of $3.43. The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.05.

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.