Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 48,000 shares, a decrease of 47.1% from the March 15th total of 90,700 shares. Based on an average trading volume of 1,580,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 4.7% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in LYT. Citadel Advisors LLC bought a new position in shares of Lytus Technologies Holdings PTV. in the fourth quarter worth about $32,000. Renaissance Technologies LLC bought a new position in shares of Lytus Technologies Holdings PTV. in the fourth quarter worth about $31,000. UBS Group AG lifted its holdings in shares of Lytus Technologies Holdings PTV. by 131.8% in the third quarter. UBS Group AG now owns 60,906 shares of the company’s stock worth $97,000 after acquiring an additional 34,631 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Lytus Technologies Holdings PTV. in the third quarter worth about $47,000. Finally, Millennium Management LLC bought a new position in Lytus Technologies Holdings PTV. in the 2nd quarter valued at approximately $54,000. Institutional investors own 0.41% of the company’s stock.
Lytus Technologies Holdings PTV. Price Performance
LYT stock opened at $3.51 on Thursday. Lytus Technologies Holdings PTV. has a 12 month low of $2.22 and a 12 month high of $57.60. The firm has a 50-day moving average price of $4.40 and a 200-day moving average price of $6.84.
About Lytus Technologies Holdings PTV.
Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Ahmedabad, India.
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