K-Tech Solutions Company Limited (NASDAQ:KMRK) Short Interest Down 53.2% in May

K-Tech Solutions Company Limited (NASDAQ:KMRK) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 8,242 shares, a decline of 53.2% from the April 30th total of 17,611 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 35,533 shares, the days-to-cover ratio is presently 0.2 days.

K-Tech Solutions Trading Down 13.4%

Shares of KMRK stock traded down $0.31 during trading hours on Tuesday, reaching $2.00. The company’s stock had a trading volume of 21,400 shares, compared to its average volume of 52,856. The firm’s 50 day simple moving average is $2.42 and its 200-day simple moving average is $1.84. K-Tech Solutions has a fifty-two week low of $0.86 and a fifty-two week high of $5.50.

K-Tech Solutions (NASDAQ:KMRK) last released its earnings results on Thursday, April 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business 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.