Ostin Technology Group Co., Ltd. (NASDAQ:OST) Short Interest Update

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 350,800 shares, a growth of 45.4% from the May 15th total of 241,200 shares. Based on an average daily volume of 3,150,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.6% of the company’s shares are short sold.

Ostin Technology Group Stock Up 2.2%

NASDAQ OST opened at $7.29 on Wednesday. Ostin Technology Group has a 12 month low of $0.78 and a 12 month high of $7.30. The company has a current ratio of 0.51, a quick ratio of 0.24 and a debt-to-equity ratio of 0.22. The company’s fifty day moving average price is $4.14 and its two-hundred day moving average price is $2.83.

Wall Street Analysts Forecast Growth

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

Ostin Technology Group Company Profile

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.