OSN - OSN Stock Doubles on Solid Earnings Update: Investor Interest

After having endured a difficult period due to short-seller action, OSN stock has proven to be one of the biggest winners this morning. Ossen Innovation Co Ltd (NASDAQ:OSN) announced its preliminary financial results and that was cheered by investors as the stock climbed by as much as 85% in premarket trading.

However, the optimism brought on by the financial results has driven out the short-sellers, and the stock is one of the biggest gainers in the market today as of now. The company published a press release in which it detailed its performance.