Short Interest in Maris-Tech Ltd. (NASDAQ:MTEK) Declines By 38.2%

Maris-Tech Ltd. (NASDAQ:MTEK) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 37,600 shares, a decrease of 38.2% from the September 30th total of 60,800 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 42,000 shares, the days-to-cover ratio is presently 0.9 days.

Maris-Tech Stock Performance

Maris-Tech stock opened at $1.90 on Monday. Maris-Tech has a fifty-two week low of $0.94 and a fifty-two week high of $2.17. The company’s 50-day moving average is $1.86 and its 200-day moving average is $1.62.

Institutional Trading of Maris-Tech

An institutional investor recently bought a new position in Maris-Tech stock. AMH Equity Ltd bought a new stake in Maris-Tech Ltd. (NASDAQ:MTEK) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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 quarter. 0.55% of the stock is owned by institutional investors and hedge funds.

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.