K-Tech Solutions Company Limited (NASDAQ:KMRK) Sees Large Decline in Short Interest

K-Tech Solutions Company Limited (NASDAQ:KMRKGet Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 4,356 shares, a drop of 47.1% from the May 14th total of 8,242 shares. Based on an average daily volume of 17,713 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

K-Tech Solutions Price Performance

Shares of NASDAQ KMRK traded down $0.23 during mid-day trading on Friday, hitting $1.21. 2,120,902 shares of the company were exchanged, compared to its average volume of 1,044,767. The stock has a 50 day simple moving average of $2.40 and a 200-day simple moving average of $1.88. K-Tech Solutions has a 1-year low of $0.86 and a 1-year high of $6.59.

K-Tech Solutions (NASDAQ:KMRKGet Free Report) last issued its quarterly earnings results on Thursday, April 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $5.44 million during the quarter.

K-Tech Solutions Company Profile

(Get Free Report)

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.

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