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

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 27,200 shares, an increase of 49.5% from the May 15th total of 18,200 shares. Based on an average trading volume of 73,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are sold short.

Ostin Technology Group Trading Down 15.5 %

NASDAQ OST traded down $0.08 on Friday, hitting $0.42. The company’s stock had a trading volume of 106,227 shares, compared to its average volume of 52,142. The company’s 50-day moving average is $0.43 and its 200 day moving average is $0.57. Ostin Technology Group has a 1-year low of $0.38 and a 1-year high of $1.11. The company has a current ratio of 0.60, a quick ratio of 0.25 and a debt-to-equity ratio of 0.12.

About Ostin Technology Group

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.