YSX Tech Co., Ltd (NASDAQ:YSXT) Sees Significant Increase in Short Interest

YSX Tech Co., Ltd (NASDAQ:YSXT) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,165 shares, a growth of 91.3% from the April 15th total of 3,222 shares. Based on an average daily trading volume, of 130,110 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

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

YSX Tech Price Performance

Shares of YSX Tech stock remained flat at $1.07 during trading on Tuesday. 5,499 shares of the company traded hands, compared to its average volume of 348,122. The firm’s 50-day simple moving average is $1.22 and its 200-day simple moving average is $1.48. YSX Tech has a 12-month low of $0.93 and a 12-month high of $9.96.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. HRT Financial LP increased its holdings in YSX Tech by 73.8% in the fourth quarter. HRT Financial LP now owns 71,555 shares of the company’s stock valued at $89,000 after buying an additional 30,381 shares in the last quarter. Geode Capital Management LLC purchased a new position in YSX Tech in the second quarter valued at $89,000. Finally, Jane Street Group LLC purchased a new position in YSX Tech in the fourth quarter valued at $279,000.

About YSX Tech

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.