Kits Eyecare Ltd. (OTCMKTS:KTYCF) Sees Significant Decrease in Short Interest

Kits Eyecare Ltd. (OTCMKTS:KTYCF) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 84,873 shares, a decline of 34.6% from the February 12th total of 129,722 shares. Based on an average daily trading volume, of 8,004 shares, the days-to-cover ratio is presently 10.6 days. Based on an average daily trading volume, of 8,004 shares, the days-to-cover ratio is presently 10.6 days.

Kits Eyecare Price Performance

Shares of KTYCF stock remained flat at $11.03 during trading hours on Friday. 14,806 shares of the stock traded hands, compared to its average volume of 11,777. The company’s fifty day simple moving average is $13.89 and its 200 day simple moving average is $12.19. Kits Eyecare has a one year low of $6.30 and a one year high of $16.38.

Kits Eyecare Company Profile

Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates through a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. was founded in 2002 and is headquartered in Vancouver, Canada.