K-Tech Solutions Company Limited (NASDAQ:KMRK) Sees Large Decline in Short Interest

K-Tech Solutions Company Limited (NASDAQ:KMRK) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 4,356 shares, a decrease of 47.1% from the May 14th total of 8,242 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 17,713 shares, the days-to-cover ratio is presently 0.2 days.

K-Tech Solutions Trading Down 16.0%

NASDAQ:KMRK traded down $0.23 during trading hours on Friday, hitting $1.21. The company’s stock had a trading volume of 2,120,902 shares, compared to its average volume of 1,044,767. The business’s 50-day moving average is $2.40 and its two-hundred day moving average is $1.88. K-Tech Solutions has a 52-week low of $0.86 and a 52-week high of $6.59.

K-Tech Solutions (NASDAQ:KMRK) last announced its quarterly earnings results on Thursday, April 16th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $5.44 million during the quarter.

K-Tech Solutions Company Profile

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.