K-Tech Solutions Company Limited (NASDAQ:KMRK) Short Interest Up 512.1% in April

K-Tech Solutions Company Limited (NASDAQ:KMRK) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 17,611 shares, an increase of 512.1% from the April 15th total of 2,877 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 105,373 shares, the days-to-cover ratio is presently 0.2 days.

K-Tech Solutions Stock Performance

Shares of NASDAQ:KMRK traded down $0.05 during trading on Thursday, reaching $2.58. 15,477 shares of the company were exchanged, compared to its average volume of 57,588. The business’s fifty day simple moving average is $2.39 and its 200-day simple moving average is $1.74. K-Tech Solutions has a 12-month low of $0.86 and a 12-month high of $5.50.

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