Rectitude Holdings Ltd. (NASDAQ:RECT) Sees Significant Drop in Short Interest

Posted by Don Miller on Sep 18th, 2026

Rectitude Holdings Ltd. (NASDAQ:RECT – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 12,516 shares, a drop of 37.9% from the August 15th total of 20,145 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,968 shares, the days-to-cover ratio is presently 2.5 days.

Rectitude Stock Performance

Shares of RECT stock traded up $0.04 during trading hours on Friday, reaching $1.34. The company had a trading volume of 3,303 shares, compared to its average volume of 762,327. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.53 and a quick ratio of 1.93. The stock has a fifty day moving average of $1.26 and a 200-day moving average of $1.30. Rectitude has a 12-month low of $0.96 and a 12-month high of $4.45.

Rectitude (NASDAQ:RECT – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.03 EPS for the quarter. The company had revenue of $10.47 million for the quarter.

Rectitude Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, September 21st. Investors of record on Monday, September 7th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, September 4th.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Rectitude from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, September 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

View Our Latest Analysis on RECT

Rectitude Company Profile

(Get Free Report)

Rectitude Holdings Limited is a Singapore-based company that distributes workplace safety and industrial products. Its offerings include personal protective equipment, safety supplies, industrial hardware, and related consumable products used by businesses and workers in industrial environments.

The company serves customers across a range of industries, including construction, manufacturing, marine, oil and gas, and logistics. It also offers outdoor and related products, broadening its product portfolio beyond workplace safety equipment.

Rectitude operates primarily in Singapore and has developed its business as a distributor serving commercial and industrial customers.