Hitek Global Inc. (NASDAQ:HKIT – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 26,100 shares, a drop of 11.8% from the September 15th total of 29,600 shares. Based on an average daily volume of 36,300 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are short sold.
Hitek Global Stock Performance
HKIT stock opened at $1.40 on Thursday. The firm has a 50 day simple moving average of $1.48 and a 200 day simple moving average of $1.48. Hitek Global has a 52 week low of $0.54 and a 52 week high of $6.48.
Hitek Global Company Profile
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