Short Interest in K-Tech Solutions Company Limited (NASDAQ:KMRK) Rises By 512.1%

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 17,611 shares, a growth of 512.1% from the April 15th total of 2,877 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 105,373 shares, the short-interest ratio is presently 0.2 days.

K-Tech Solutions Price Performance

K-Tech Solutions stock remained flat at $2.63 during midday trading on Thursday. 11,050 shares of the company traded hands, compared to its average volume of 57,540. The firm has a 50 day moving average price of $2.39 and a two-hundred day moving average price of $1.74. K-Tech Solutions has a twelve month low of $0.86 and a twelve month high of $5.50.

K-Tech Solutions (NASDAQ:KMRK) last issued its quarterly earnings data on Thursday, April 16th. The company reported ($0.01) EPS for the quarter. The company had revenue of $5.44 million during the quarter.

About K-Tech Solutions

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.