Short Interest in Ostin Technology Group Co., Ltd. (NASDAQ:OST) Increases By 106.3%

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 3,280,000 shares, agrowthof106.3% from the June 30th total of 1,590,000 shares. Approximately3.5% of the shares of the company are sold short. Based on an average trading volume of 16,880,000 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 16,880,000 shares, the short-interest ratio is currently 0.2 days. Approximately3.5% of the shares of the company are sold short.

Ostin Technology Group Trading Up 2.6%

Shares of Ostin Technology Group stock opened at $0.08 on Tuesday. The business’s fifty day moving average price is $3.01 and its two-hundred day moving average price is $2.74. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 0.28. Ostin Technology Group has a 1-year low of $0.07 and a 1-year high of $9.40.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Ostin Technology Group to a “hold” rating in a research note on Saturday, May 31st.

About Ostin Technology Group

Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. It offers display modules to markets, such as consumer electronics, including AIOs, monitors, laptop computers, and tablets; automotive displays, including dashboard, and navigation and multimedia systems; and commercial LCD displays, which are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs in education, medical treatment, business, outdoor, and cultural construction industries.