Rectitude Holdings Ltd. (NASDAQ:RECT) Sees Significant Increase in Short Interest

Posted by Renee Jackson on Aug 28th, 2026

Rectitude Holdings Ltd. (NASDAQ:RECT – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 20,145 shares, an increase of 141.2% from the July 30th total of 8,352 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 101,033 shares, the days-to-cover ratio is presently 0.2 days.

Rectitude Stock Performance

Shares of NASDAQ RECT traded up $0.07 during midday trading on Friday, hitting $1.35. 7,517 shares of the company’s stock traded hands, compared to its average volume of 826,620. The firm has a fifty day moving average of $1.24 and a 200 day moving average of $1.32. Rectitude has a 1 year low of $0.96 and a 1 year high of $4.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.53 and a quick ratio of 1.93.

Rectitude (NASDAQ:RECT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.03 EPS for the quarter. The business had revenue of $10.47 million for the quarter.

Rectitude Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, September 21st. Shareholders of record on Monday, September 7th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, September 4th.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Rectitude from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

View Our Latest Research Report on RECT

About Rectitude

(Get Free Report)

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude Holdings Ltd is based in SINGAPORE.