Maris-Tech Ltd. (NASDAQ:MTEK) Short Interest Update

Maris-Tech Ltd. (NASDAQ:MTEK) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 208,575 shares, an increase of 2,604.2% from the February 26th total of 7,713 shares. Based on an average daily volume of 4,150,560 shares, the days-to-cover ratio is presently 0.1 days. Currently, 4.0% of the company’s stock are sold short. Currently, 4.0% of the company’s stock are sold short. Based on an average daily volume of 4,150,560 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Maris-Tech

Large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in shares of Maris-Tech during the second quarter valued at about $66,000. XTX Topco Ltd acquired a new stake in Maris-Tech in the 4th quarter worth approximately $33,000. Finally, Osaic Holdings Inc. grew its position in Maris-Tech by 300.0% during the 2nd quarter. Osaic Holdings Inc. now owns 33,600 shares of the company’s stock worth $108,000 after purchasing an additional 25,200 shares during the last quarter. Hedge funds and other institutional investors own 0.55% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Maris-Tech in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Maris-Tech has an average rating of “Sell”.

Maris-Tech Stock Down 5.7%

MTEK stock traded down $0.08 on Tuesday, hitting $1.32. 153,161 shares of the company’s stock were exchanged, compared to its average volume of 886,078. Maris-Tech has a 12-month low of $1.03 and a 12-month high of $4.27. The firm has a 50 day moving average price of $1.65 and a two-hundred day moving average price of $1.77.

Maris-Tech Company Profile

Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.