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

Ostin Technology Group Co., Ltd. (NASDAQ:OST) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 35,400 shares, a drop of 19.9% from the June 30th total of 44,200 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 60,500 shares, the short-interest ratio is presently 0.6 days.

Ostin Technology Group Stock Performance

Shares of Ostin Technology Group stock remained flat at $0.34 on Friday. The stock had a trading volume of 34,176 shares, compared to its average volume of 70,748. The stock’s fifty day moving average is $0.40 and its 200 day moving average is $0.47. Ostin Technology Group has a 1-year low of $0.33 and a 1-year high of $1.11.

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.