Hitek Global Inc. (NASDAQ:HKIT) Short Interest Update

Hitek Global Inc. (NASDAQ:HKIT) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 6,000 shares, an increase of 114.3% from the December 15th total of 2,800 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 29,300 shares, the short-interest ratio is presently 0.2 days.

Hitek Global Stock Up 1.4 %

Shares of HKIT traded up $0.02 during trading hours on Thursday, reaching $1.43. 85,297 shares of the stock traded hands, compared to its average volume of 48,210. The company’s 50-day moving average price is $1.35 and its two-hundred day moving average price is $1.43. Hitek Global has a 52-week low of $0.54 and a 52-week high of $6.48.

Hitek Global Company Profile

Hitek Global Inc provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors.