Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Short Interest Down 12.5% in September

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 19,600 shares, a drop of 12.5% from the August 31st total of 22,400 shares. Based on an average daily trading volume, of 549,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.2% of the shares of the company are short sold.

Lytus Technologies Holdings PTV. Stock Performance

Shares of Lytus Technologies Holdings PTV. stock opened at $1.88 on Friday. The firm has a fifty day moving average price of $1.93 and a 200 day moving average price of $2.80. Lytus Technologies Holdings PTV. has a 1 year low of $1.40 and a 1 year high of $18.62. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.72 and a quick ratio of 0.72.

Lytus Technologies Holdings PTV. Company Profile

Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.