Rectitude Holdings, Ltd. (NASDAQ:RECT – Get Free Report) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 5,600 shares, a decline of 27.3% from the February 13th total of 7,700 shares. Based on an average trading volume of 16,200 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold.
Rectitude Stock Performance
Rectitude stock traded down $0.03 during trading hours on Monday, hitting $3.66. 5,152 shares of the stock traded hands, compared to its average volume of 14,665. The firm’s 50-day moving average price is $5.38 and its two-hundred day moving average price is $4.59. Rectitude has a one year low of $2.70 and a one year high of $7.68.
About Rectitude
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