Maris-Tech Ltd. (NASDAQ:MTEK) Sees Significant Decrease in Short Interest

Maris-Tech Ltd. (NASDAQ:MTEK) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 55,800 shares, a decrease of 19.6% from the August 31st total of 69,400 shares. Based on an average daily trading volume, of 40,500 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.2% of the company’s stock are short sold.

Institutional Trading of Maris-Tech

An institutional investor recently bought a new position in Maris-Tech stock. AMH Equity Ltd acquired a new position in shares of Maris-Tech Ltd. (NASDAQ:MTEK) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 240,870 shares of the company’s stock, valued at approximately $363,000. AMH Equity Ltd owned about 3.06% of Maris-Tech at the end of the most recent reporting period. Institutional investors own 0.55% of the company’s stock.

Maris-Tech Stock Up 7.2 %

MTEK traded up $0.13 during trading on Friday, hitting $1.94. The company had a trading volume of 41,733 shares, compared to its average volume of 48,569. The company has a current ratio of 3.38, a quick ratio of 2.73 and a debt-to-equity ratio of 0.09. Maris-Tech has a 1-year low of $0.89 and a 1-year high of $2.07. The business has a 50-day moving average of $1.74 and a 200-day moving average of $1.54.

About Maris-Tech

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.