K-Tech Solutions Company Limited (NASDAQ:KMRK) Stock Short Interest Report for September

K-Tech Solutions Company Limited (NASDAQ:KMRK) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 82,609 shares, an increase of 862.7% from the September 15th total of 8,581 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 321,525 shares, the days-to-cover ratio is presently 0.3 days.

K-Tech Solutions Stock Up 3.5%

KMRK stock traded up $0.04 during trading on Friday, reaching $1.18. 73,199 shares of the stock were exchanged, compared to its average volume of 190,950. K-Tech Solutions has a twelve month low of $0.78 and a twelve month high of $6.59. The company has a quick ratio of 3.69, a current ratio of 3.69 and a debt-to-equity ratio of 0.10. The stock has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.58.

K-Tech Solutions (NASDAQ:KMRK) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.02 EPS for the quarter. The firm had revenue of $2.63 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised K-Tech Solutions from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has a consensus rating of “Sell”.

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.