Ostin Technology Group Co., Ltd. (NASDAQ:OST) Short Interest Down 87.2% in November

Ostin Technology Group Co., Ltd. (NASDAQ:OST) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 27,400 shares, a drop of 87.2% from the October 31st total of 214,700 shares. Based on an average daily trading volume, of 242,400 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are short sold.

Ostin Technology Group Price Performance

Shares of NASDAQ:OST traded down $0.01 during midday trading on Wednesday, hitting $0.21. 25,060 shares of the stock were exchanged, compared to its average volume of 166,802. Ostin Technology Group has a 52-week low of $0.20 and a 52-week high of $1.07. The business’s fifty day simple moving average is $0.32 and its two-hundred day simple moving average is $0.35.

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.