Short Interest in K-Tech Solutions Company Limited (NASDAQ:KMRK) Grows By 159.3%

K-Tech Solutions Company Limited (NASDAQ:KMRKGet Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 57,565 shares, an increase of 159.3% from the December 15th total of 22,204 shares. Based on an average trading volume of 25,397 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 25,397 shares, the days-to-cover ratio is presently 2.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on shares of K-Tech Solutions in a research report on Thursday, October 9th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, K-Tech Solutions has an average rating of “Sell”.

View Our Latest Stock Analysis on K-Tech Solutions

K-Tech Solutions Trading Up 2.4%

K-Tech Solutions stock traded up $0.03 during mid-day trading on Thursday, hitting $1.28. The company had a trading volume of 37,209 shares, compared to its average volume of 22,148. K-Tech Solutions has a 12-month low of $0.86 and a 12-month high of $5.50. The firm’s fifty day moving average is $1.20.

About K-Tech Solutions

(Get Free Report)

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.

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