J-Star Holding Co., Ltd (NASDAQ:YMAT) Short Interest Down 67.1% in August

J-Star Holding Co., Ltd (NASDAQ:YMAT) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 17,094 shares, a decrease of 67.1% from the July 30th total of 51,900 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 30,787 shares, the short-interest ratio is currently 0.6 days.

J-Star Trading Down 1.8%

NASDAQ YMAT opened at $1.87 on Friday. J-Star has a one year low of $1.18 and a one year high of $13.00. The business’s fifty day moving average is $2.24 and its 200-day moving average is $2.46.

Institutional Trading of J-Star

A hedge fund recently bought a new stake in J-Star stock. Citadel Advisors LLC bought a new stake in J-Star Holding Co., Ltd (NASDAQ:YMAT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned about 0.40% of J-Star as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on YMAT. Wall Street Zen upgraded shares of J-Star to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings lowered shares of J-Star from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About J-Star

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.