J-Star Holding Co., Ltd (NASDAQ:YMAT) Stock Short Interest Jumps 58.1%

J-Star Holding Co., Ltd (NASDAQ:YMAT – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 103,501 shares, an increase of 58.1% from the September 15th total of 65,449 shares. Based on an average trading volume of 3,549,805 shares, the days-to-cover ratio is presently 0.0 days. Currently, 3.2% of the company’s shares are short sold.

J-Star Trading Down 13.2%

NASDAQ:YMAT traded down $0.20 during mid-day trading on Friday, hitting $1.31. The stock had a trading volume of 129,422 shares, compared to its average volume of 8,014,862. The company has a 50 day simple moving average of $1.71 and a 200-day simple moving average of $2.37. J-Star has a 52 week low of $0.85 and a 52 week high of $13.00.

Wall Street Analysts Forecast Growth

YMAT has been the topic of several research reports. Wall Street Zen upgraded shares of J-Star to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings reiterated a “sell (e+)” rating on shares of J-Star in a report on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on J-Star

About J-Star

(Get Free Report)

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.

Further Reading

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