[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.

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%.