Addentax Group Corp. (NASDAQ:ATXG) Short Interest Update

Addentax Group Corp. (NASDAQ:ATXGGet Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 14,300 shares, a decrease of 62.5% from the April 30th total of 38,100 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 556,900 shares, the days-to-cover ratio is presently 0.0 days.

Addentax Group Stock Performance

Addentax Group stock opened at $0.82 on Friday. The business has a 50 day moving average of $0.71 and a 200-day moving average of $0.74. Addentax Group has a 1 year low of $0.49 and a 1 year high of $1.86. The company has a debt-to-equity ratio of 0.12, a current ratio of 8.64 and a quick ratio of 8.59. The company has a market capitalization of $4.94 million, a P/E ratio of -2.92 and a beta of 0.67.

About Addentax Group

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Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.

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