5 Investors Betting Big on Hitek Global (HKIT) Stock

Shares of Hitek Global (NASDAQ:HKIT) are surging higher today by nearly 300%, although the reasons behind the jump aren’t exactly clear. The company operates as a holding company of several Chinese subsidiaries with a focus on information technology and technical consulting. A short squeeze doesn’t appear to be the culprit here, as short interest as a percentage of float was just 0.21% based on the latest update as of Jan. 12.It’s worth pointing out that Hitek has a float of just 5.76 million shares. Meanwh ...