Short Interest in Hitek Global Inc. (NASDAQ:HKIT) Rises By 114.3%

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

Hitek Global Trading Up 1.4 %

Shares of NASDAQ HKIT traded up $0.02 during trading hours on Thursday, hitting $1.43. 85,297 shares of the stock were exchanged, compared to its average volume of 48,210. Hitek Global has a 12 month low of $0.54 and a 12 month high of $6.48. The firm has a fifty day moving average price of $1.35 and a 200-day moving average price of $1.43.

About Hitek Global

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.