Short Interest in Hitek Global Inc. (NASDAQ:HKIT) Expands By 114.3%

Hitek Global Inc. (NASDAQ:HKIT) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 6,000 shares, a growth of 114.3% from the December 31st total of 2,800 shares. Based on an average trading volume of 29,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Hitek Global Stock Performance

NASDAQ HKIT traded up $0.01 on Wednesday, reaching $1.34. The company had a trading volume of 10,224 shares, compared to its average volume of 38,251. Hitek Global has a fifty-two week low of $0.58 and a fifty-two week high of $6.48. The business has a 50 day moving average of $1.37 and a two-hundred day moving average of $1.41.

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.