We Just Learned Something New! After Ostin Technology Group Co Ltd (NASDAQ: OST)’s 61.74% Gain This Week

During the last session, Ostin Technology Group Co Ltd (NASDAQ:OST)’s traded shares were 3.25 million, with the beta value of the company hitting 0.33. At the end of the trading day, the stock’s price was $1.86, reflecting an intraday loss of -41.69% or -$1.33. The 52-week high for the OST share is $5.78, that puts it down -210.75 from that peak though still a striking 58.06% gain since the share price plummeted to a 52-week low of $0.78. The company’s market capitalization is $3.74M, and the average intraday trading volume over the past 10 days was 11.15 million shares, and the average trade volume was 2.13 million shares over the past three months.

Ostin Technology Group Co Ltd (NASDAQ:OST) trade information

Ostin Technology Group Co Ltd (OST) registered a -41.69% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -41.69% in intraday trading to $1.86, hitting a weekly high. The stock’s 5-day price performance is 61.74%, and it has moved by 3.91% in 30 days. Based on these gigs, the overall price performance for the year is -59.91%. The short interest in Ostin Technology Group Co Ltd (NASDAQ:OST) is 362.0 shares and it means that shorts have 0.01 day(s) to cover.

OST Dividends

Ostin Technology Group Co Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Ostin Technology Group Co Ltd (NASDAQ:OST)’s Major holders

Ostin Technology Group Co Ltd insiders own 0.21% of total outstanding shares while institutional holders control 0.02%, with the float percentage being 0.02%. TWO SIGMA SECURITIES, LLC is the largest shareholder of the company, while 3.0 institutions own stock in it. As of 2024-06-30, the company held over 17357.0 shares (or 0.1239% of all shares), a total value of $6769.0 in shares.

The next largest institutional holding, with 13700.0 shares, is of RENAISSANCE TECHNOLOGIES LLC’s that is approximately 0.0978% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5343.0.