[Special Stock] Yangjisa Sold-Out Effect... Early Session Strong Rally
[Asia Economy Reporter Park Jihwan] On the 26th, Yangjisa is showing strong performance in the early trading session. This is interpreted as the so-called 'out-of-stock stock effect.'
At 9:41 AM on the same day, Yangjisa was trading at 16,600 KRW, up 5.06%.
Out-of-stock stocks refer to stocks where the largest shareholders and related parties hold a high percentage of shares, while the proportion of shares held by small shareholders is significantly low.
Because the volume circulating in the market is small, even a slight increase in trading volume can cause the stock price to fluctuate sharply for a short period.
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According to the Financial Supervisory Service's electronic disclosure system, as of the end of last year, the shareholding ratio of the largest shareholders and related parties of Yangjisa reached 75.53%. In contrast, the ownership ratio of small shareholders is about 10.43%.
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