Short Interest in Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Increases By 179.4%

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 173,800 shares, a growth of 179.4% from the January 31st total of 62,200 shares. Based on an average daily trading volume, of 5,370,000 shares, the short-interest ratio is presently 0.0 days. Currently, 9.8% of the company’s stock are sold short.

Lytus Technologies Holdings PTV. Trading Down 10.7 %

Shares of NASDAQ LYT opened at $0.18 on Friday. The company has a 50-day moving average price of $0.62 and a 200-day moving average price of $1.37. Lytus Technologies Holdings PTV. has a 1 year low of $0.17 and a 1 year high of $18.62.

Lytus Technologies Holdings PTV. Company Profile

Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.