Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Short Interest Update

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) saw a significant decrease in short interest in September. As of September 15th, there was short interest totalling 19,600 shares, a decrease of 12.5% from the August 31st total of 22,400 shares. Based on an average daily volume of 549,100 shares, the short-interest ratio is currently 0.0 days. Approximately 3.2% of the shares of the stock are short sold.

Lytus Technologies Holdings PTV. Stock Performance

Lytus Technologies Holdings PTV. stock opened at $1.88 on Monday. The business’s 50-day simple moving average is $1.93 and its 200 day simple moving average is $2.78. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.05. Lytus Technologies Holdings PTV. has a 12-month low of $1.40 and a 12-month high of $18.62.

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.