J-Star Holding Co., Ltd (NASDAQ:YMAT) Short Interest Update

J-Star Holding Co., Ltd (NASDAQ:YMAT) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 28,054 shares, a decrease of 41.2% from the March 15th total of 47,715 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 48,423 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in J-Star stock. Citadel Advisors LLC acquired a new stake in shares of J-Star Holding Co., Ltd (NASDAQ:YMAT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned 0.40% of J-Star as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e-)” rating on shares of J-Star in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, J-Star presently has an average rating of “Sell”.

J-Star Trading Down 6.3%

Shares of NASDAQ YMAT traded down $0.02 during midday trading on Tuesday, hitting $0.31. The stock had a trading volume of 46,244 shares, compared to its average volume of 1,130,571. The business’s 50 day moving average is $0.38 and its 200-day moving average is $0.65. J-Star has a 52 week low of $0.28 and a 52 week high of $6.45.

About J-Star

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.