Addentax Group Corp. (NASDAQ:ATXG) Stock Short Interest Jumps 330.4%

Posted by Geri Gentry on Oct 30th, 2026

Addentax Group Corp. (NASDAQ:ATXG – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,785 shares, a growth of 330.4% from the September 30th total of 647 shares. Based on an average daily trading volume, of 4,301 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Addentax Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Read Our Latest Report on ATXG

Addentax Group Trading Down 5.1%

Shares of ATXG opened at $2.78 on Friday. The stock has a 50 day moving average of $3.35 and a 200 day moving average of $4.41. The company has a market capitalization of $3.28 million, a price-to-earnings ratio of -0.71 and a beta of 0.46. Addentax Group has a 12 month low of $2.50 and a 12 month high of $9.56.

Addentax Group (NASDAQ:ATXG – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported $2.93 earnings per share for the quarter. Addentax Group had a negative return on equity of 9.16% and a negative net margin of 21.05%. The business had revenue of $3.44 million for the quarter.

Insider Buying and Selling

In related news, Director Zhiwang Hong purchased 218,750 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average cost of $4.80 per share, with a total value of $1,050,000.00. Following the transaction, the director owned 225,174 shares of the company’s stock, valued at $1,080,835.20. This represents a 3,405.20% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.72% of the company’s stock.

Addentax Group Company Profile

(Get Free Report)

Addentax Group Corporation is a holding company whose operating subsidiaries provide garment manufacturing, logistics and property-management services. The company has also been associated with apparel-related supply-chain activities, including the production and distribution of clothing and related products.

Addentax Group’s operations have primarily been based in China, with activities focused on serving domestic businesses and consumers. Its logistics business supports the movement and delivery of goods, while its property-management activities involve services related to the operation and upkeep of managed properties.

The company is incorporated in the Cayman Islands and conducts its business through subsidiaries.