Maris-Tech Ltd. (NASDAQ:MTEK) Short Interest Up 170.3% in January

Maris-Tech Ltd. (NASDAQ:MTEK) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 293,500 shares, an increase of 170.3% from the December 31st total of 108,600 shares. Based on an average trading volume of 192,400 shares, the days-to-cover ratio is presently 1.5 days. Currently, 6.7% of the shares of the stock are sold short.

Maris-Tech Stock Performance

Shares of NASDAQ MTEK traded down $0.07 during trading on Wednesday, reaching $2.93. The company had a trading volume of 58,428 shares, compared to its average volume of 198,768. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.88 and a current ratio of 3.57. Maris-Tech has a twelve month low of $1.10 and a twelve month high of $6.47. The stock has a 50-day moving average price of $3.55 and a two-hundred day moving average price of $2.41.

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.