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Ostin Technology Group (NASDAQ:OST) Shares Down 2.8%

Defense World ·  Nov 10, 2022 16:01

Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST – Get Rating) dropped 2.8% during mid-day trading on Wednesday . The company traded as low as $1.01 and last traded at $1.04. Approximately 64,918 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 1,417,158 shares. The stock had previously closed at $1.07.

Ostin Technology Group Stock Down 2.8 %

The business's 50 day simple moving average is $1.27.

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Institutional Investors Weigh In On Ostin Technology Group

A hedge fund recently bought a new stake in Ostin Technology Group stock. Jane Street Group LLC acquired a new stake in shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST – Get Rating) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 15,262 shares of the company's stock, valued at approximately $25,000. Jane Street Group LLC owned about 0.11% of Ostin Technology Group as of its most recent filing with the Securities and Exchange Commission. 0.17% of the stock is currently owned by hedge funds and other institutional investors.

About Ostin Technology Group

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Ostin Technology Group Co, Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. The company offers TFT-LCD solutions for drive IC, TCON board, and power supply applications; back light systems and special modules; LC display modules, touch panel modules, and smart display terminals; and polarizers used in the TFT-LCD display modules.

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