China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC) Sees Significant Growth in Short Interest

China SXT Pharmaceuticals, Inc. (NASDAQ:SXTCGet Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 71,896 shares, a growth of 1,295.8% from the May 31st total of 5,151 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 220,625 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On China SXT Pharmaceuticals

A number of hedge funds have recently modified their holdings of SXTC. XTX Topco Ltd purchased a new stake in shares of China SXT Pharmaceuticals in the fourth quarter worth $36,000. Citadel Advisors LLC purchased a new position in shares of China SXT Pharmaceuticals during the 3rd quarter valued at $78,000. Finally, Virtu Financial LLC lifted its stake in shares of China SXT Pharmaceuticals by 107.5% during the 3rd quarter. Virtu Financial LLC now owns 28,983 shares of the company’s stock valued at $46,000 after buying an additional 15,013 shares in the last quarter. 5.02% of the stock is currently owned by institutional investors.

China SXT Pharmaceuticals Trading Up 3.0%

Shares of NASDAQ:SXTC opened at $2.42 on Friday. The stock has a 50 day moving average of $1.90 and a 200 day moving average of $41.70. China SXT Pharmaceuticals has a 12-month low of $1.25 and a 12-month high of $1,046.98.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered China SXT Pharmaceuticals from a “sell (e+)” rating to a “sell (e)” rating in a research note on Thursday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on SXTC

China SXT Pharmaceuticals Company Profile

(Get Free Report)

China SXT Pharmaceuticals Inc (NASDAQ: SXTC) is a China-based biopharmaceutical company focused on the research, development, manufacturing and commercialization of peptide-based therapeutics. The company’s pipeline centers on novel treatments targeting oncology, endocrine and metabolic disorders. By leveraging proprietary peptide synthesis and formulation technologies, China SXT aims to advance next-generation biologics that address unmet medical needs in both domestic and international markets.

The company’s core product candidates include long-acting peptide hormones and peptide-drug conjugates designed to improve patient compliance and therapeutic efficacy.

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