Maris-Tech Ltd. (NASDAQ:MTEK) Short Interest Update

Maris-Tech Ltd. (NASDAQ:MTEK) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 28,314 shares, a growth of 93.6% from the January 15th total of 14,622 shares. Based on an average trading volume of 131,086 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 131,086 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Maris-Tech

A hedge fund recently raised its stake in Maris-Tech stock. Osaic Holdings Inc. increased its stake in Maris-Tech Ltd. (NASDAQ:MTEK) by 300.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,600 shares of the company’s stock after purchasing an additional 25,200 shares during the period. Osaic Holdings Inc. owned approximately 0.41% of Maris-Tech worth $108,000 as of its most recent filing with the SEC. 0.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Maris-Tech in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Maris-Tech Stock Performance

MTEK stock opened at $1.52 on Friday. Maris-Tech has a 52 week low of $1.03 and a 52 week high of $4.27. The company’s 50-day simple moving average is $1.44 and its 200 day simple moving average is $1.97.

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.