Ostin Technology Group Co., Ltd. (NASDAQ:OST) Sees Large Drop in Short Interest

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 37,300 shares, a drop of 63.7% from the January 31st total of 102,700 shares. Approximately 3.0% of the shares of the company are sold short. Based on an average daily volume of 762,900 shares, the short-interest ratio is currently 0.0 days.

Ostin Technology Group Trading Down 4.2 %

NASDAQ OST opened at $2.51 on Friday. The company has a 50-day moving average price of $2.35 and a 200-day moving average price of $2.77. Ostin Technology Group has a 52 week low of $1.60 and a 52 week high of $5.78. The company has a quick ratio of 0.24, a current ratio of 0.51 and a debt-to-equity ratio of 0.22.

Ostin Technology Group Company Profile

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.