Maris-Tech Ltd. (NASDAQ:MTEK) Stock Short Interest Report for September

Maris-Tech Ltd. (NASDAQ:MTEK) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 293,857 shares, an increase of 113.4% from the September 15th total of 137,683 shares. Based on an average daily volume of 4,299,835 shares, the short-interest ratio is currently 0.1 days. Approximately 5.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Maris-Tech from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Maris-Tech Stock Down 1.2%

NASDAQ:MTEK traded down $0.01 during trading hours on Tuesday, hitting $0.56. The stock had a trading volume of 113,564 shares, compared to its average volume of 711,201. Maris-Tech has a one year low of $0.53 and a one year high of $2.82. The company has a 50 day simple moving average of $1.02 and a two-hundred day simple moving average of $1.15.

Maris-Tech (NASDAQ:MTEK) last announced its earnings results on Wednesday, September 2nd. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $1.04 million during the quarter.

About Maris-Tech

Maris-Tech Ltd. is an Israel-based technology company that develops edge computing solutions for real-time video and data processing. Its systems are designed for demanding environments, including defense, aerospace, homeland security, unmanned systems and other industrial applications.

The company’s product portfolio includes compact, ruggedized platforms for video capture, processing, encoding, streaming and recording, as well as artificial intelligence and machine-learning capabilities for analyzing video at the edge.