Rectitude Holdings, Ltd. (NASDAQ:RECT – Get Free Report) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 5,600 shares, a drop of 27.3% from the February 13th total of 7,700 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,200 shares, the short-interest ratio is currently 0.3 days.
Rectitude Price Performance
NASDAQ:RECT traded down $0.03 during trading hours on Monday, hitting $3.66. 5,152 shares of the company’s stock traded hands, compared to its average volume of 14,665. Rectitude has a 52 week low of $2.70 and a 52 week high of $7.68. The business’s fifty day simple moving average is $5.38 and its two-hundred day simple moving average is $4.59.
About Rectitude
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