Kits Eyecare Ltd. (OTCMKTS:KTYCF) Sees Large Growth in Short Interest

Kits Eyecare Ltd. (OTCMKTS:KTYCF) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 131,173 shares, an increase of 54.6% from the February 26th total of 84,873 shares. Based on an average daily volume of 21,183 shares, the short-interest ratio is currently 6.2 days.

Kits Eyecare Stock Up 1.8%

Shares of Kits Eyecare stock opened at $10.75 on Friday. Kits Eyecare has a twelve month low of $6.93 and a twelve month high of $16.38. The firm’s 50-day moving average price is $13.00 and its 200 day moving average price is $12.06.

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.