YSX Tech Co., Ltd (NASDAQ:YSXT) Short Interest Down 43.3% in January

YSX Tech Co., Ltd (NASDAQ:YSXT) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 56,285 shares, a decline of 43.3% from the December 31st total of 99,246 shares. Based on an average daily volume of 833,313 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 833,313 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On YSX Tech

A hedge fund recently bought a new stake in YSX Tech stock. Geode Capital Management LLC acquired a new position in shares of YSX Tech Co., Ltd (NASDAQ:YSXT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,342 shares of the company’s stock, valued at approximately $89,000. Geode Capital Management LLC owned approximately 0.07% of YSX Tech at the end of the most recent reporting period.

YSX Tech Stock Performance

NASDAQ YSXT opened at $1.06 on Friday. The business has a fifty day moving average price of $1.51 and a two-hundred day moving average price of $2.30. YSX Tech has a fifty-two week low of $1.06 and a fifty-two week high of $9.96.

YSX Tech (NASDAQ:YSXT) last posted its quarterly earnings results on Friday, January 30th. The company reported $0.06 EPS for the quarter. The business had revenue of $20.50 million for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of YSX Tech in a report on Wednesday, October 8th. Wall Street Zen raised YSX Tech to a “hold” rating in a research report on Saturday, November 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

YSX Tech Company Profile

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.