China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC) Short Interest Down 40.6% in August

Key Points

• China SXT Pharmaceuticals (NASDAQ:SXTC) experienced a significant decrease in short interest by 40.6% in August, with a total of 44,700 shares shorted as of August 31st.
• Wall Street Zen upgraded China SXT Pharmaceuticals from a "sell" rating to a "hold" rating on August 2nd.
• The company's stock recently traded down 7.1% to $1.84, with a 1-year price range between $0.95 and $7.84.

China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC - Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 44,700 shares, a decline of 40.6% from the August 15th total of 75,200 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 308,800 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 308,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of China SXT Pharmaceuticals from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd.

China SXT Pharmaceuticals Stock Up 2.6%

SXTC traded up $0.05 during trading on Friday, hitting $1.95. 209,088 shares of the company traded hands, compared to its average volume of 1,694,511. The stock's fifty day moving average is $1.61 and its 200 day moving average is $1.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.54 and a quick ratio of 3.40. China SXT Pharmaceuticals has a one year low of $0.95 and a one year high of $7.84.

About China SXT Pharmaceuticals

China SXT Pharmaceuticals, Inc, a pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China. The company offers advanced, fine, and regular TCMP products, and raw medicinal material, such as ChenXiang, SanQiFen, HongQi, SuMu, JiangXiang, CuYanHuSuo, XiaTianWu, LuXueJing, XueJie, ChaoSuanZaoRen, HongQuMi, ChuanBeiMu, HuangShuKuiHua, WuWeiZi, DingXiang, RenShen, QingGuo, JueMingZi, and ShaRen.