Addentax Group Corp. (NASDAQ:ATXG) Short Interest Update

Addentax Group Corp. (NASDAQ:ATXG) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 30,100 shares, an increase of 6.7% from the October 31st total of 28,200 shares. Based on an average daily volume of 44,800 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the company’s shares are short sold.

Addentax Group Trading Down 1.1 %

NASDAQ ATXG opened at $0.55 on Tuesday. The company has a current ratio of 11.54, a quick ratio of 11.46 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.36 million, a PE ratio of -0.77 and a beta of 1.61. The stock has a 50-day simple moving average of $0.64 and a 200 day simple moving average of $0.72. Addentax Group has a 12 month low of $0.49 and a 12 month high of $1.77.

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.