K-Tech Solutions Company Limited (NASDAQ:KMRK) Short Interest Update

K-Tech Solutions Company Limited (NASDAQ:KMRK) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 4,149 shares, a drop of 92.8% from the December 31st total of 57,565 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 26,119 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 26,119 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

K-Tech Solutions Price Performance

Shares of NASDAQ KMRK traded up $0.04 during mid-day trading on Tuesday, reaching $1.57. 41,465 shares of the company’s stock were exchanged, compared to its average volume of 35,211. K-Tech Solutions has a twelve month low of $0.86 and a twelve month high of $5.50. The firm’s fifty day moving average is $1.27.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on K-Tech Solutions in a research note on Thursday, October 9th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

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.