Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Short Interest Up 480.3% in January

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 123,600 shares, an increase of 480.3% from the December 31st total of 21,300 shares. Approximately 20.0% of the shares of the company are sold short. Based on an average daily volume of 1,400,000 shares, the short-interest ratio is presently 0.1 days.

Lytus Technologies Holdings PTV. Stock Up 1.5 %

Shares of NASDAQ:LYT traded up $0.01 during midday trading on Tuesday, hitting $0.68. The stock had a trading volume of 660,486 shares, compared to its average volume of 549,464. Lytus Technologies Holdings PTV. has a 1 year low of $0.54 and a 1 year high of $18.62. The stock has a 50 day moving average price of $1.07 and a two-hundred day moving average price of $1.60.

Lytus Technologies Holdings PTV. Company Profile

Lytus Technologies Holdings PTV. Ltd. operates as a platform services company in India. The company engages in the distribution of linear content streaming/telecasting services; and development of telemedicine products. Lytus Technologies Holdings PTV. Ltd. was incorporated in 2020 and is based in Dubai, the United Arab Emirates.