Maris-Tech Ltd. (NASDAQ:MTEK) Short Interest Up 33.1% in February

Maris-Tech Ltd. (NASDAQ:MTEK) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 68,000 shares, a growth of 33.1% from the January 31st total of 51,100 shares. Based on an average daily volume of 228,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.6% of the company’s shares are short sold.

Maris-Tech Trading Down 3.7 %

Shares of MTEK stock traded down $0.08 on Tuesday, hitting $2.10. The stock had a trading volume of 60,654 shares, compared to its average volume of 126,818. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.57 and a quick ratio of 2.88. Maris-Tech has a 1 year low of $1.13 and a 1 year high of $6.47. The company’s 50 day moving average price is $3.47 and its 200-day moving average price is $2.59.

Institutional Investors Weigh In On Maris-Tech

An institutional investor recently bought a new position in Maris-Tech stock. IFP Advisors Inc acquired a new stake in Maris-Tech Ltd. (NASDAQ:MTEK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,873 shares of the company’s stock, valued at approximately $35,000. IFP Advisors Inc owned 0.09% of Maris-Tech at the end of the most recent quarter. Institutional investors and hedge funds own 0.55% of the company’s stock.

Maris-Tech Company Profile

Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, as well as the civilian and home security markets worldwide. The company offers intelligent video surveillance solutions, communication technology products, modular video encoding/decoding platform, ultra-low latency streaming solutions, dual channel low power encoder systems, multi channel encoding streaming and recording platform, miniature recording and streaming platforms, and video encoding and decoding platform.