Short Interest in Maris-Tech Ltd. (NASDAQ:MTEK) Increases By 302.2%

Maris-Tech Ltd. (NASDAQ:MTEK) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 108,600 shares, a growth of 302.2% from the November 30th total of 27,000 shares. Based on an average trading volume of 141,900 shares, the short-interest ratio is presently 0.8 days. Approximately 2.5% of the shares of the stock are short sold.

Maris-Tech Price Performance

Shares of Maris-Tech stock traded up $0.16 during trading on Thursday, hitting $5.00. 178,512 shares of the stock traded hands, compared to its average volume of 73,727. Maris-Tech has a 52 week low of $1.01 and a 52 week high of $5.31. The firm’s fifty day moving average is $2.41 and its 200-day moving average is $1.93.

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.