Maris-Tech Ltd. (NASDAQ:MTEK) Sees Large Drop in Short Interest

Maris-Tech Ltd. (NASDAQ:MTEK) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 13,700 shares, a decline of 50.7% from the February 29th total of 27,800 shares. Based on an average daily trading volume, of 69,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are sold short.

Maris-Tech Trading Down 0.3 %

Shares of MTEK stock traded down $0.01 on Thursday, hitting $1.51. The stock had a trading volume of 36,836 shares, compared to its average volume of 72,644. Maris-Tech has a 1 year low of $0.71 and a 1 year high of $1.54. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.38 and a quick ratio of 2.73. The company’s 50 day moving average price is $1.29 and its 200-day moving average price is $1.12.

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.