Decent Holding Inc. (NASDAQ:DXST) Short Interest Update

Decent Holding Inc. (NASDAQ:DXST) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 17,477 shares, a growth of 78.8% from the June 30th total of 9,773 shares. Based on an average trading volume of 423,669 shares, the short-interest ratio is currently 0.0 days. Approximately 1.0% of the shares of the company are sold short.

Decent Stock Performance

Shares of NASDAQ DXST traded up $0.07 during midday trading on Thursday, reaching $2.35. The stock had a trading volume of 47,616 shares, compared to its average volume of 1,784,937. Decent has a 12-month low of $1.50 and a 12-month high of $62.00. The stock has a 50-day moving average of $2.45 and a 200-day moving average of $8.49.

Insider Buying and Selling at Decent

In other news, major shareholder Financial Lp Hrt sold 128,698 shares of Decent stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $5.36, for a total transaction of $689,821.28. Following the transaction, the insider owned 59,694 shares in the company, valued at $319,959.84. This trade represents a 68.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On Decent

A hedge fund recently bought a new position in Decent stock. Jane Street Group LLC purchased a new position in Decent Holding Inc. (NASDAQ:DXST) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned approximately 0.40% of Decent as of its most recent filing with the Securities and Exchange Commission.

Analyst Ratings Changes

Several research firms recently weighed in on DXST. Wall Street Zen upgraded Decent from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Weiss Ratings restated a “sell (d)” rating on shares of Decent in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Decent presently has an average rating of “Sell”.

About Decent

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes. The company was founded by Ding Xin Sun on January 6, 2022 and is headquartered in Yantai, China.