YSX Tech Co., Ltd (NASDAQ:YSXT) Sees Large Decline in Short Interest

YSX Tech Co., Ltd (NASDAQ:YSXTGet Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 4,489 shares, a decrease of 60.4% from the May 14th total of 11,333 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 9,307 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of YSX Tech in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

View Our Latest Research Report on YSX Tech

YSX Tech Stock Up 8.7%

YSXT stock traded up $0.10 during midday trading on Friday, reaching $1.25. The company had a trading volume of 49,589 shares, compared to its average volume of 11,686. YSX Tech has a 1 year low of $0.93 and a 1 year high of $6.05. The company has a 50 day moving average of $1.11 and a two-hundred day moving average of $1.30.

Institutional Investors Weigh In On YSX Tech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YSXT. 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 worth $89,000 after buying an additional 30,381 shares in the last quarter. Geode Capital Management LLC purchased a new stake in YSX Tech in the 2nd quarter worth approximately $89,000. Finally, Jane Street Group LLC purchased a new stake in YSX Tech in the 4th quarter worth approximately $279,000.

About YSX Tech

(Get Free Report)

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.

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