Rectitude Holdings, Ltd. (NASDAQ:RECT - Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 3,800 shares, a drop of 17.4% from the March 15th total of 4,600 shares. Based on an average daily trading volume, of 12,600 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company's shares are short sold.
Rectitude Trading Up 0.4 %
RECT traded up $0.02 on Friday, reaching $4.13. 12,672 shares of the company traded hands, compared to its average volume of 13,723. Rectitude has a one year low of $2.70 and a one year high of $7.68. The firm has a fifty day simple moving average of $3.99 and a two-hundred day simple moving average of $4.73.
About Rectitude
(
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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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