Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) Sees Significant Increase in Short Interest

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 97,500 shares, a growth of 250.7% from the April 15th total of 27,800 shares. Currently, 9.5% of the company’s shares are short sold. Based on an average trading volume of 1,540,000 shares, the days-to-cover ratio is presently 0.1 days.

Lytus Technologies Holdings PTV. Price Performance

NASDAQ:LYT opened at $3.50 on Friday. The business’s 50-day moving average is $4.23 and its two-hundred day moving average is $5.87. Lytus Technologies Holdings PTV. has a 12 month low of $2.22 and a 12 month high of $44.40.

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 Ahmedabad, India.