PS International Group Ltd. (NASDAQ:PSIG) Short Interest Update

PS International Group Ltd. (NASDAQ:PSIG) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 953 shares, a decline of 89.8% from the December 31st total of 9,315 shares. Based on an average trading volume of 38,629 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 38,629 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of PS International Group in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

PS International Group Price Performance

PS International Group stock traded up $0.07 during midday trading on Thursday, reaching $4.17. The stock had a trading volume of 6,604 shares, compared to its average volume of 25,737. The stock’s 50-day simple moving average is $4.30 and its 200 day simple moving average is $3.84. PS International Group has a twelve month low of $2.14 and a twelve month high of $5.96.

PS International Group Company Profile

PS International Group, Inc (NASDAQ:PSIG) is a specialized provider of engineered pipe supports, hangers and accessories for industrial applications. The company’s product suite encompasses custom?designed brackets, snubbers, spring supports, insulation components and vibration?control solutions that help maintain the integrity of pressure piping systems under a wide range of operating conditions.

Serving diverse end markets—including oil and gas production, petrochemical processing, power generation, refining and industrial construction—PS International Group integrates in-house design, manufacturing and distribution capabilities to meet project-specific requirements.