Kelso Technologies Inc. (NYSEAMERICAN:KIQ) Short Interest Down 41.2% in May

Kelso Technologies Inc. (NYSEAMERICAN:KIQGet Rating) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 205,300 shares, a decrease of 41.2% from the April 30th total of 349,400 shares. Based on an average daily volume of 92,000 shares, the short-interest ratio is presently 2.2 days.

Hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new stake in shares of Kelso Technologies during the 4th quarter worth about $36,000. Citadel Advisors LLC boosted its stake in shares of Kelso Technologies by 98.0% during the 2nd quarter. Citadel Advisors LLC now owns 64,392 shares of the company’s stock worth $44,000 after acquiring an additional 31,868 shares in the last quarter. Finally, Tocqueville Asset Management L.P. boosted its stake in shares of Kelso Technologies by 88.5% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 1,811,639 shares of the company’s stock worth $1,141,000 after acquiring an additional 850,339 shares in the last quarter.

KIQ stock traded up $0.01 during mid-day trading on Friday, hitting $0.36. The stock had a trading volume of 46,641 shares, compared to its average volume of 104,849. Kelso Technologies has a 1-year low of $0.31 and a 1-year high of $1.02.

Kelso Technologies (NYSEAMERICAN:KIQGet Rating) last issued its earnings results on Monday, March 28th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $2.00 million during the quarter.

About Kelso Technologies (Get Rating)

Kelso Technologies Inc develops, produces, and distributes proprietary equipment used in transportation applications in the United States and Canada. The company offers railway equipment, such as bottom outlet, pressure relief, vacuum relief, and check valves, as well as one-bolt manways, pressure cars, pressure differential parts, tank gauges, laboratory test equipment, and wheel cleaners; emergency response kits; and fueling valves.

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