Rectitude Holdings, Ltd. (NASDAQ:RECT) Short Interest Down 17.9% in March

Rectitude Holdings, Ltd. (NASDAQ:RECT) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,600 shares, a decline of 17.9% from the February 28th total of 5,600 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 14,300 shares, the short-interest ratio is currently 0.3 days.

Rectitude Trading Up 1.7 %

Shares of Rectitude stock traded up $0.07 during trading hours on Wednesday, reaching $4.14. 4,072 shares of the company’s stock were exchanged, compared to its average volume of 21,759. Rectitude has a 52-week low of $2.70 and a 52-week high of $7.68. The company has a fifty day moving average of $4.69 and a 200-day moving average of $4.66.

Rectitude Company Profile

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.