Maris-Tech Ltd. (NASDAQ:MTEK – Get Free Report) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 68,000 shares, a growth of 33.1% from the January 31st total of 51,100 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily trading volume, of 228,000 shares, the short-interest ratio is presently 0.3 days.
Maris-Tech Stock Down 3.7 %
NASDAQ MTEK traded down $0.08 on Tuesday, reaching $2.10. 60,654 shares of the company were exchanged, compared to its average volume of 126,818. Maris-Tech has a fifty-two week low of $1.13 and a fifty-two week high of $6.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.88 and a current ratio of 3.57. The business’s fifty day moving average price is $3.47 and its 200 day moving average price is $2.59.
Institutional Investors Weigh In On Maris-Tech
An institutional investor recently raised its position in Maris-Tech stock. AMH Equity Ltd raised its holdings in Maris-Tech Ltd. (NASDAQ:MTEK – Free Report) by 33.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 730,000 shares of the company’s stock after purchasing an additional 184,112 shares during the quarter. Maris-Tech accounts for 3.6% of AMH Equity Ltd’s holdings, making the stock its 8th largest holding. AMH Equity Ltd owned 9.27% of Maris-Tech worth $3,679,000 as of its most recent SEC filing. 0.55% of the stock is owned by hedge funds and other institutional investors.
Maris-Tech Company Profile
Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.
Read More
- Five stocks we like better than Maris-Tech
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- GitLab: Get In While It’s Down—Big Rebound Ahead
- What is a Secondary Public Offering? What Investors Need to Know
- Tesla Stock: Finding a Bottom May Take Time
- Short Selling: How to Short a Stock
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for Maris-Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maris-Tech and related companies with MarketBeat.com's FREE daily email newsletter.