Short Interest in YSX Tech Co., Ltd (NASDAQ:YSXT) Declines By 60.4%

YSX Tech Co., Ltd (NASDAQ:YSXTGet Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 4,489 shares, a decline of 60.4% from the May 14th total of 11,333 shares. Based on an average daily volume of 9,307 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

YSX Tech Trading Up 10.7%

Shares of YSXT stock traded up $0.12 on Friday, reaching $1.27. 43,182 shares of the stock were exchanged, compared to its average volume of 297,455. YSX Tech has a one year low of $0.93 and a one year high of $6.05. The stock has a 50 day moving average price of $1.11 and a 200 day moving average price of $1.30.

Analyst Ratings Changes

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

View Our Latest Report on YSXT

Institutional Investors Weigh In On YSX Tech

A number of institutional investors and hedge funds have recently made changes to their positions in YSXT. Jane Street Group LLC bought a new position in YSX Tech during the fourth quarter worth about $279,000. HRT Financial LP lifted its position 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 valued at $89,000 after acquiring an additional 30,381 shares during the period. Finally, Geode Capital Management LLC acquired a new position in shares of YSX Tech during the 2nd quarter valued at $89,000.

About YSX Tech

(Get Free Report)

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.

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