Addentax Group Corp. (NASDAQ:ATXG) Short Interest Down 56.3% in June

Addentax Group Corp. (NASDAQ:ATXG) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 6,200 shares, a decrease of 56.3% from the May 31st total of 14,200 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 29,400 shares, the short-interest ratio is currently 0.2 days.

Addentax Group Stock Performance

Shares of ATXG stock remained flat at $0.78 during trading on Friday. 9,119 shares of the company traded hands, compared to its average volume of 32,213. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.53 and a current ratio of 5.58. The business’s fifty day moving average is $0.96 and its 200-day moving average is $1.05. Addentax Group has a twelve month low of $0.76 and a twelve month high of $12.00.

Addentax Group Company Profile

Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in China. It operates through three segments: Garment Manufacturing, Logistics Services, and Property Management and Subleasing. The company manufactures and distributes garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services.