Short Interest in YSX Tech Co., Ltd (NASDAQ:YSXT) Decreases By 76.3%

YSX Tech Co., Ltd (NASDAQ:YSXT) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 44,230 shares, a decrease of 76.3% from the July 15th total of 186,927 shares. Based on an average daily volume of 62,687 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in YSXT. Geode Capital Management LLC acquired a new position in shares of YSX Tech in the second quarter valued at approximately $89,000. HRT Financial LP lifted its position in YSX Tech by 73.8% in 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 in the last quarter. Finally, Jane Street Group LLC acquired a new position in YSX Tech in the 4th quarter worth $279,000.

YSX Tech Stock Performance

NASDAQ YSXT opened at $0.99 on Friday. YSX Tech has a one year low of $0.50 and a one year high of $5.01. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.05. The stock’s 50-day moving average is $1.03 and its 200-day moving average is $1.13.

Analysts Set New Price Targets

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

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.