Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Short Interest Up 179.4% in February

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 173,800 shares, a growth of 179.4% from the January 31st total of 62,200 shares. Based on an average daily volume of 5,370,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 9.8% of the company’s stock are sold short.

Lytus Technologies Holdings PTV. Trading Down 3.7 %

Shares of LYT traded down $0.01 during midday trading on Friday, reaching $0.17. 729,256 shares of the company were exchanged, compared to its average volume of 6,834,966. Lytus Technologies Holdings PTV. has a 1-year low of $0.15 and a 1-year high of $18.62. The stock has a 50-day moving average price of $0.59 and a 200-day moving average price of $1.34.

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.