Hitek Global Inc. (NASDAQ:HKIT) Short Interest Up 114.3% in December

Hitek Global Inc. (NASDAQ:HKIT) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,000 shares, an increase of 114.3% from the December 15th total of 2,800 shares. Based on an average daily volume of 29,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Hitek Global Trading Down 5.4 %

Shares of Hitek Global stock traded down $0.08 during trading on Tuesday, hitting $1.39. The stock had a trading volume of 30,933 shares, compared to its average volume of 45,204. Hitek Global has a 12 month low of $0.54 and a 12 month high of $6.48. The business’s 50-day moving average is $1.35 and its 200 day moving average is $1.43.

About Hitek Global

Hitek Global Inc provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors.