KULR Technology Group, Inc. (NYSEAMERICAN:KULR) Short Interest Down 6.5% in December

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 13,830,000 shares, a decrease of 6.5% from the December 15th total of 14,790,000 shares. Approximately 6.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,410,000 shares, the days-to-cover ratio is presently 0.4 days.

KULR Technology Group Stock Performance

Shares of KULR traded down $0.20 during trading hours on Friday, hitting $2.28. 20,894,366 shares of the company were exchanged, compared to its average volume of 48,441,220. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81. KULR Technology Group has a fifty-two week low of $0.10 and a fifty-two week high of $5.49. The firm has a market cap of $545.56 million, a P/E ratio of -19.00 and a beta of 2.43.

Institutional Investors Weigh In On KULR Technology Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in KULR Technology Group during the third quarter worth $29,000. XTX Topco Ltd bought a new position in shares of KULR Technology Group in the 2nd quarter valued at $31,000. International Assets Investment Management LLC acquired a new position in shares of KULR Technology Group during the 4th quarter worth $56,000. Maiden Cove Capital LLC bought a new stake in shares of KULR Technology Group during the 4th quarter worth $71,000. Finally, Fortem Financial Group LLC acquired a new stake in KULR Technology Group in the fourth quarter valued at about $298,000. Institutional investors own 21.23% of the company’s stock.

About KULR Technology Group

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.