Kits Eyecare Ltd. (OTCMKTS:KTYCF) Sees Significant Increase in Short Interest

Kits Eyecare Ltd. (OTCMKTS:KTYCF) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 325,449 shares, a growth of 96.8% from the April 30th total of 165,335 shares. Based on an average daily trading volume, of 22,194 shares, the days-to-cover ratio is presently 14.7 days.

Kits Eyecare Stock Up 4.8%

KTYCF stock opened at $10.00 on Tuesday. The business’s 50-day moving average price is $9.96 and its 200-day moving average price is $11.74. Kits Eyecare has a twelve month low of $7.74 and a twelve month high of $16.38.

About Kits Eyecare

Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates through a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. was founded in 2002 and is headquartered in Vancouver, Canada.