Short Interest in YSX Tech Co., Ltd (NASDAQ:YSXT) Expands By 170.6%

YSX Tech Co., Ltd (NASDAQ:YSXT) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 257,451 shares, a growth of 170.6% from the November 30th total of 95,130 shares. Based on an average daily volume of 1,189,757 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.2% of the shares of the stock are sold short. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily volume of 1,189,757 shares, the days-to-cover ratio is currently 0.2 days.

YSX Tech Price Performance

Shares of YSXT opened at $1.22 on Friday. YSX Tech has a 1 year low of $1.13 and a 1 year high of $9.96. The stock has a 50 day simple moving average of $2.13 and a two-hundred day simple moving average of $3.06.

Analyst Ratings Changes

YSXT has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of YSX Tech in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of YSX Tech to a “hold” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, YSX Tech presently has an average rating of “Sell”.

Hedge Funds Weigh In On YSX Tech

A hedge fund recently bought a new stake in YSX Tech stock. Geode Capital Management LLC purchased a new position in YSX Tech Co., Ltd (NASDAQ:YSXT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,342 shares of the company’s stock, valued at approximately $89,000. Geode Capital Management LLC owned about 0.07% of YSX Tech as of its most recent SEC filing.

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.