Short Interest in Maris-Tech Ltd. (NASDAQ:MTEK) Decreases By 35.4%

Maris-Tech Ltd. (NASDAQ:MTEK) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 16,600 shares, a decline of 35.4% from the October 31st total of 25,700 shares. Based on an average daily trading volume, of 41,700 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the company’s shares are sold short.

Maris-Tech Price Performance

MTEK traded down $0.12 during trading on Thursday, hitting $2.10. 236,091 shares of the company’s stock were exchanged, compared to its average volume of 46,961. Maris-Tech has a 1 year low of $0.97 and a 1 year high of $2.23. The stock has a 50 day moving average price of $1.88 and a 200 day moving average price of $1.67.

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.