Rectitude Holdings, Ltd. (NASDAQ:RECT - Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,600 shares, a decline of 17.9% from the February 28th total of 5,600 shares. Approximately 0.2% of the company's stock are short sold. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 0.3 days.
Rectitude Stock Performance
NASDAQ:RECT traded down $0.12 on Friday, reaching $4.08. The stock had a trading volume of 4,395 shares, compared to its average volume of 21,573. The company has a 50-day moving average of $4.57 and a 200 day moving average of $4.67. Rectitude has a 12-month low of $2.70 and a 12-month high of $7.68.
Rectitude Company Profile
(
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Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.
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