Short Interest in Karat Packaging Inc. (NASDAQ:KRT) Drops By 30.1%
Karat Packaging Inc. (NASDAQ:KRT – Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 147,593 shares, a decrease of 30.1% from the February 26th total of 211,131 shares. Based on an average daily trading volume, of 77,257 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.2% of the company’s stock are short sold.
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