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

YSX Tech Co., Ltd (NASDAQ:YSXT) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 567 shares, a decline of 87.4% from the May 31st total of 4,489 shares. Based on an average daily volume of 19,199 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On YSX Tech

A number of hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC acquired a new position in YSX Tech in the second quarter valued at about $89,000. HRT Financial LP grew its stake in YSX Tech by 73.8% during the fourth quarter. HRT Financial LP now owns 71,555 shares of the company’s stock worth $89,000 after buying an additional 30,381 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of YSX Tech during the fourth quarter worth approximately $279,000.

YSX Tech Price Performance

Shares of NASDAQ YSXT opened at $1.06 on Friday. The business has a fifty day moving average of $1.12 and a two-hundred day moving average of $1.23. YSX Tech has a 52-week low of $0.93 and a 52-week high of $6.05.

Analyst Ratings Changes

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, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

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.