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

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on shares of K-Tech Solutions in a research note on Thursday, October 9th. They issued a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, K-Tech Solutions currently has a consensus rating of “Sell”.

K-Tech Solutions Stock Down 3.4%

Shares of K-Tech Solutions stock traded down $0.06 during trading on Thursday, hitting $1.68. The company’s stock had a trading volume of 75,748 shares, compared to its average volume of 47,424. K-Tech Solutions has a 52 week low of $0.86 and a 52 week high of $5.50. The firm’s 50-day moving average is $1.28.

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.