Maris-Tech Ltd. (NASDAQ:MTEK) Sees Significant Decrease in Short Interest

Maris-Tech Ltd. (NASDAQ:MTEK) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 55,800 shares, a decline of 19.6% from the August 31st total of 69,400 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 40,500 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Trading of Maris-Tech

A hedge fund recently bought a new stake in Maris-Tech stock. AMH Equity Ltd bought a new stake in shares of Maris-Tech Ltd. (NASDAQ:MTEK) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 240,870 shares of the company’s stock, valued at approximately $363,000. AMH Equity Ltd owned 3.06% of Maris-Tech as of its most recent filing with the SEC. 0.55% of the stock is currently owned by institutional investors and hedge funds.

Maris-Tech Price Performance

MTEK stock traded up $0.13 on Friday, hitting $1.94. 41,733 shares of the company were exchanged, compared to its average volume of 48,569. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.73 and a current ratio of 3.38. Maris-Tech has a twelve month low of $0.89 and a twelve month high of $2.07. The business’s fifty day moving average is $1.74 and its two-hundred day moving average is $1.54.

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.