J-Star Holding Co., Ltd (NASDAQ:YMAT) Short Interest Update

J-Star Holding Co., Ltd (NASDAQ:YMAT) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 345,425 shares, a decrease of 51.5% from the May 31st total of 711,723 shares. Approximately 2.5% of the shares of the company are sold short. Based on an average daily volume of 5,035,868 shares, the days-to-cover ratio is currently 0.1 days.

J-Star Stock Up 9.6%

Shares of NASDAQ:YMAT traded up $0.05 during trading on Wednesday, hitting $0.58. 156,031 shares of the company were exchanged, compared to its average volume of 7,210,349. The business’s 50 day moving average is $0.68 and its 200-day moving average is $0.53. J-Star has a 1-year low of $0.23 and a 1-year high of $6.45.

J-Star (NASDAQ:YMAT) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.62) EPS for the quarter. The firm had revenue of ($0.33) million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of J-Star to a “hold” rating in a research report on Saturday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Institutional Trading of J-Star

A hedge fund recently bought a new stake in J-Star stock. Citadel Advisors LLC acquired a new stake in shares of J-Star Holding Co., Ltd (NASDAQ:YMAT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned approximately 0.40% of J-Star as of its most recent SEC filing.

J-Star Company Profile

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.