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

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 17,900 shares, a decrease of 34.7% from the September 30th total of 27,400 shares. Based on an average daily volume of 565,100 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.9% of the shares of the stock are short sold.

Lytus Technologies Holdings PTV. Stock Performance

Shares of NASDAQ:LYT traded down $0.07 during trading on Friday, reaching $1.92. The company had a trading volume of 35,810 shares, compared to its average volume of 717,022. Lytus Technologies Holdings PTV. has a twelve month low of $1.40 and a twelve month high of $18.62. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.05. The firm’s fifty day moving average is $1.89 and its 200 day moving average is $2.41.

About Lytus Technologies Holdings PTV.

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.