PS International Group Ltd. (NASDAQ:PSIG) Stock Short Interest Rises 1,198.3%

Posted by Francis Steltz on Oct 9th, 2026

PS International Group Ltd. (NASDAQ:PSIG – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 357,166 shares, a growth of 1,198.3% from the September 15th total of 27,510 shares. Based on an average trading volume of 1,638,641 shares, the short-interest ratio is currently 0.2 days. Approximately 7.5% of the shares of the company are sold short.

Hedge Funds Weigh In On PS International Group

An institutional investor recently raised its position in PS International Group stock. Renaissance Technologies LLC increased its position in shares of PS International Group Ltd. (NASDAQ:PSIG – Free Report) by 140.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,401 shares of the company’s stock after purchasing an additional 15,424 shares during the period. Renaissance Technologies LLC owned 0.17% of PS International Group worth $162,000 at the end of the most recent reporting period. 29.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PSIG has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of PS International Group from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. Weiss Ratings cut PS International Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 20th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

View Our Latest Research Report on PS International Group

PS International Group Trading Up 5.4%

PS International Group stock traded up $0.26 during midday trading on Friday, hitting $5.10. The stock had a trading volume of 3,700,793 shares, compared to its average volume of 1,615,465. The firm’s fifty day moving average is $2.77 and its two-hundred day moving average is $4.83. PS International Group has a 52-week low of $1.03 and a 52-week high of $12.00.

PS International Group Company Profile

(Get Free Report)

PS International Group Limited (NASDAQ: PSIG) is a Hong Kong-based holding company focused on freight forwarding and logistics services. Through its operating subsidiaries, the company coordinates the movement of goods for customers using international transportation networks.

Its services are generally associated with ocean and air freight forwarding, shipment coordination, customs-related support, and other logistics activities. These services may include arranging transportation, managing shipping documentation, and coordinating cargo movements between shippers, carriers, and consignees.

The company serves customers involved in cross-border trade, with operations centered in Hong Kong and connections to international shipping and logistics markets.