Hitek Global Inc. (NASDAQ:HKIT) Short Interest Update

Hitek Global Inc. (NASDAQ:HKIT) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 6,000 shares, an increase of 114.3% from the December 15th total of 2,800 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 29,300 shares, the short-interest ratio is currently 0.2 days.

Hitek Global Stock Performance

HKIT stock traded up $0.02 during trading on Thursday, hitting $1.43. 85,297 shares of the company’s stock traded hands, compared to its average volume of 48,210. Hitek Global has a 1 year low of $0.54 and a 1 year high of $6.48. The business has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $1.43.

Hitek Global Company Profile

Hitek Global Inc provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors.