Kits Eyecare Ltd. (OTCMKTS:KTYCF) Sees Large Growth in Short Interest

Kits Eyecare Ltd. (OTCMKTS:KTYCF) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 325,449 shares, a growth of 96.8% from the April 30th total of 165,335 shares. Based on an average daily volume of 22,194 shares, the short-interest ratio is currently 14.7 days.

Kits Eyecare Trading Down 4.0%

OTCMKTS KTYCF traded down $0.39 during trading on Wednesday, hitting $9.41. The stock had a trading volume of 707 shares, compared to its average volume of 12,230. The company’s 50-day moving average price is $9.96 and its two-hundred day moving average price is $11.74. Kits Eyecare has a 12 month low of $7.74 and a 12 month high of $16.38.

About Kits Eyecare

Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates through a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. was founded in 2002 and is headquartered in Vancouver, Canada.