Kits Eyecare Ltd. (OTCMKTS:KTYCF) Sees Large Increase in Short Interest

Kits Eyecare Ltd. (OTCMKTS:KTYCF) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 12,000 shares, a growth of 21.2% from the February 13th total of 9,900 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is currently 3.2 days.

Kits Eyecare Price Performance

Shares of KTYCF stock traded up $0.57 during mid-day trading on Wednesday, reaching $7.05. The stock had a trading volume of 4,785 shares, compared to its average volume of 3,566. The firm’s 50 day simple moving average is $6.09 and its 200 day simple moving average is $6.55. Kits Eyecare has a one year low of $3.09 and a one year high of $8.62.

About Kits Eyecare

Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates through a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca.