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

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 trading volume of 242,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are sold short.

Ostin Technology Group Stock Performance

NASDAQ OST traded down $0.01 on Wednesday, reaching $0.21. The company’s stock had a trading volume of 25,060 shares, 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 has a 50-day moving average price of $0.32 and a 200 day moving average price of $0.35.

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.