K-Tech Solutions Company Limited (NASDAQ:KMRK) Short Interest Update

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 280,654 shares, an increase of 6,342.9% from the May 31st total of 4,356 shares. Based on an average daily volume of 2,107,200 shares, the short-interest ratio is presently 0.1 days. Currently, 1.4% of the shares of the company are sold short.

K-Tech Solutions Stock Up 2.0%

KMRK traded up $0.02 on Thursday, hitting $1.03. The company’s stock had a trading volume of 198,031 shares, compared to its average volume of 441,374. The company’s 50 day simple moving average is $2.28 and its 200-day simple moving average is $1.88. K-Tech Solutions has a 12 month low of $0.86 and a 12 month high of $6.59.

K-Tech Solutions (NASDAQ:KMRK) last issued its earnings results on Thursday, April 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business 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.