Short Interest in K-Tech Solutions Company Limited (NASDAQ:KMRK) Decreases By 53.2%

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,242 shares, a decrease of 53.2% from the April 30th total of 17,611 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 35,533 shares, the short-interest ratio is presently 0.2 days.

K-Tech Solutions Stock Performance

KMRK stock traded up $0.23 during trading on Friday, hitting $2.20. 24,710 shares of the stock traded hands, compared to its average volume of 26,511. K-Tech Solutions has a 1 year low of $0.86 and a 1 year high of $5.50. The firm’s 50 day moving average is $2.40 and its two-hundred day moving average is $1.83.

K-Tech Solutions (NASDAQ:KMRK) last announced its quarterly earnings data on Thursday, April 16th. The company reported ($0.01) EPS for the quarter. The company had revenue of $5.44 million for the quarter.

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.