Short Interest in Ostin Technology Group Co., Ltd. (NASDAQ:OST) Grows By 23.4%

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 29,000 shares, an increase of 23.4% from the February 28th total of 23,500 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 759,700 shares, the short-interest ratio is presently 0.0 days.

Ostin Technology Group Price Performance

Shares of NASDAQ:OST traded up $0.02 during midday trading on Wednesday, reaching $1.54. 15,182 shares of the company were exchanged, compared to its average volume of 209,001. The business’s fifty day moving average is $2.37 and its two-hundred day moving average is $2.56. Ostin Technology Group has a one year low of $1.43 and a one year high of $5.78. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.51 and a quick ratio of 0.24.

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.