Maris-Tech Ltd. (NASDAQ:MTEK) Stock Short Interest Report for September

Maris-Tech Ltd. (NASDAQ:MTEK) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 293,857 shares, a growth of 113.4% from the September 15th total of 137,683 shares. Currently, 5.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,299,835 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Maris-Tech from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Maris-Tech has a consensus rating of “Sell”.

Maris-Tech Stock Performance

Maris-Tech stock traded down $0.02 during midday trading on Thursday, reaching $0.46. The company’s stock had a trading volume of 59,152 shares, compared to its average volume of 706,995. Maris-Tech has a 52 week low of $0.45 and a 52 week high of $2.82. The business has a 50-day moving average price of $0.99 and a 200-day moving average price of $1.14.

Maris-Tech (NASDAQ:MTEK) last posted its earnings results on Wednesday, September 2nd. The company reported ($0.14) EPS for the quarter. The firm had revenue of $1.04 million for the quarter.

About Maris-Tech

Maris-Tech Ltd. is an Israel-based technology company that develops edge computing solutions for real-time video and data processing. Its systems are designed for demanding environments, including defense, aerospace, homeland security, unmanned systems and other industrial applications.

The company’s product portfolio includes compact, ruggedized platforms for video capture, processing, encoding, streaming and recording, as well as artificial intelligence and machine-learning capabilities for analyzing video at the edge.