Short Interest in YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) Drops By 56.2%

YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 81,534 shares, a drop of 56.2% from the August 15th total of 186,121 shares. Based on an average trading volume of 176,627 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On YXT.COM Group

An institutional investor recently bought a new stake in YXT.COM Group stock. Susquehanna International Group LLP purchased a new stake in YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,749,078 shares of the company’s stock, valued at approximately $3,712,000. Susquehanna International Group LLP owned about 6.24% of YXT.COM Group as of its most recent filing with the Securities and Exchange Commission.

YXT.COM Group Price Performance

NASDAQ YXT traded down $0.04 during trading hours on Monday, reaching $2.34. 4,496 shares of the company’s stock were exchanged, compared to its average volume of 561,085. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.33 and a quick ratio of 0.49. YXT.COM Group has a one year low of $2.27 and a one year high of $32.14. The company’s 50-day moving average is $3.80 and its two-hundred day moving average is $50.77.

YXT.COM Group (NASDAQ:YXT) last released its earnings results on Thursday, August 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $11.93 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of YXT.COM Group in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

YXT.COM Group Company Profile

YXT.COM Group Holding Limited, through its subsidiaries, provides digital corporate learning solution in the People’s Republic of China. The company offers corporate learning platform, personalized e-learning system, teaching tools, and online courses, as well as offline courses and courseware recording service. It also engages in the technology development; and sale of Software-as-a-Service and content. YXT.COM Group Holding Limited was formerly known as Unicentury Group Holding Limited and changed its name to YXT.COM Group Holding Limited in May 2021.