K-Tech Solutions Company Limited (NASDAQ:KMRK) Sees Significant Drop in Short Interest

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,356 shares, a decline of 47.1% from the May 14th total of 8,242 shares. Based on an average daily trading volume, of 17,713 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

K-Tech Solutions Price Performance

Shares of K-Tech Solutions stock opened at $1.16 on Tuesday. The business has a 50 day simple moving average of $2.38 and a two-hundred day simple moving average of $1.88. K-Tech Solutions has a 12 month low of $0.86 and a 12 month high of $6.59.

K-Tech Solutions (NASDAQ:KMRK) last announced 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 for 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.