Maris-Tech Ltd. (NASDAQ:MTEKW) Sees Large Decline in Short Interest

Maris-Tech Ltd. (NASDAQ:MTEKW) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 6,900 shares, a drop of 19.8% from the January 15th total of 8,600 shares. Based on an average trading volume of 31,200 shares, the days-to-cover ratio is currently 0.2 days.

Maris-Tech Stock Up 3.6 %

Shares of MTEKW traded up $0.02 during midday trading on Friday, reaching $0.44. The stock had a trading volume of 54,585 shares, compared to its average volume of 30,096. The firm’s 50 day moving average price is $0.69 and its 200-day moving average price is $0.32. Maris-Tech has a 52 week low of $0.03 and a 52 week high of $1.88.

About Maris-Tech

Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, civilian and home security, and defense and homeland security markets in Israel, the United Kingdom, Australia, the United States, and internationally. The company offers low latency video encoding and decoding platform to handle multiple video channels; dual channel low power encoder systems; miniature recording and streaming platforms; miniature intelligent video surveillance solutions; power and modular video encoding/decoding platform; and ultra-low-latency streaming solutions.