Short Interest in Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Declines By 12.5%

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYTGet Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 19,600 shares, a drop of 12.5% from the August 31st total of 22,400 shares. Currently, 3.2% of the company’s stock are short sold. Based on an average daily volume of 549,100 shares, the short-interest ratio is presently 0.0 days.

Lytus Technologies Holdings PTV. Trading Down 2.6 %

Shares of NASDAQ LYT opened at $1.88 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.72 and a current ratio of 0.72. The business has a 50-day moving average of $1.93 and a 200-day moving average of $2.78. Lytus Technologies Holdings PTV. has a fifty-two week low of $1.40 and a fifty-two week high of $18.62.

About Lytus Technologies Holdings PTV.

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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.

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