Decent Holding Inc. (NASDAQ:DXST) Short Interest Up 78.1% in December

Decent Holding Inc. (NASDAQ:DXST) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 101,614 shares, a growth of 78.1% from the November 30th total of 57,055 shares. Based on an average daily volume of 731,706 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 731,706 shares, the days-to-cover ratio is currently 0.1 days.

Decent Price Performance

Decent stock traded up $0.14 during trading hours on Monday, reaching $1.43. The stock had a trading volume of 329,369 shares, compared to its average volume of 164,559. The company has a fifty day simple moving average of $1.44 and a 200-day simple moving average of $1.33. Decent has a 52 week low of $0.85 and a 52 week high of $5.74.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Decent in a research report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Decent currently has an average rating of “Sell”.

Decent Company Profile

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.