Rectitude Holdings, Ltd. (NASDAQ:RECT – Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 5,600 shares, a decrease of 27.3% from the February 13th total of 7,700 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 16,200 shares, the short-interest ratio is presently 0.3 days.
Rectitude Stock Performance
Shares of Rectitude stock traded down $0.12 during midday trading on Friday, hitting $3.69. The company’s stock had a trading volume of 34,509 shares, compared to its average volume of 14,878. Rectitude has a 1-year low of $2.70 and a 1-year high of $7.68. The stock has a 50-day simple moving average of $5.38 and a 200-day simple moving average of $4.58.
About Rectitude
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