Kits Eyecare Ltd. (OTCMKTS:KTYCF) Sees Large Decline in Short Interest

Kits Eyecare Ltd. (OTCMKTS:KTYCF) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totalling 7,400 shares, a decline of 5.1% from the July 31st total of 7,800 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 6.2 days.

Kits Eyecare Price Performance

OTCMKTS:KTYCF opened at $8.00 on Thursday. Kits Eyecare has a 12 month low of $3.09 and a 12 month high of $8.62. The business’s fifty day moving average price is $7.14 and its 200 day moving average price is $5.50.

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.