Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Short Interest Up 257.4% in March

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 463,900 shares, an increase of 257.4% from the February 28th total of 129,800 shares. Based on an average daily volume of 13,270,000 shares, the short-interest ratio is currently 0.0 days. Currently, 1.6% of the company’s shares are short sold.

Lytus Technologies Holdings PTV. Price Performance

Shares of LYT stock traded up $0.06 on Thursday, hitting $0.12. The stock had a trading volume of 768,289,259 shares, compared to its average volume of 8,116,631. The company’s 50 day moving average price is $0.32 and its 200-day moving average price is $1.11. Lytus Technologies Holdings PTV. has a 1 year low of $0.05 and a 1 year high of $5.85.

About Lytus Technologies Holdings PTV.

Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.