YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) Short Interest Down 46.1% in May

YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 245,457 shares, a drop of 46.1% from the April 30th total of 455,326 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 37,798 shares, the short-interest ratio is currently 6.5 days.

Institutional Investors Weigh In On YXT.COM Group

A hedge fund recently bought a new stake in YXT.COM Group stock. Susquehanna International Group LLP purchased a new position in YXT.COM Group Holding Limited – Unsponsored ADR (NASDAQ:YXT) in the third quarter, according to the company in its most recent disclosure 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 6.24% of YXT.COM Group at the end of the most recent quarter.

YXT.COM Group Price Performance

Shares of YXT.COM Group stock traded down $0.05 during midday trading on Wednesday, hitting $0.41. The company had a trading volume of 13,048 shares, compared to its average volume of 1,857,642. YXT.COM Group has a 12-month low of $0.33 and a 12-month high of $1.15. The company has a fifty day simple moving average of $0.48 and a 200 day simple moving average of $0.64. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.49 and a current ratio of 0.49.

YXT.COM Group (NASDAQ:YXT) last announced its quarterly earnings results on Sunday, March 22nd. The company reported ($0.48) earnings per share (EPS) for the quarter. The business had revenue of $14.95 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of YXT.COM Group in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, YXT.COM Group currently 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.