Eltek Ltd. (NASDAQ:ELTK) Sees Large Growth in Short Interest

Eltek Ltd. (NASDAQ:ELTK) Sees Large Growth in Short Interest

Eltek Ltd. (NASDAQ:ELTK - Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 4,330 shares, a growth of 73.3% from the August 31st total of 2,499 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 26,691 shares, the days-to-cover ratio is currently 0.2 days.