Kit Digital Inc (NASDAQOTH:KITDQ)

CAPS Rating: 2 out of 5

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Player Avatar EBStroke (< 20) Submitted: 9/27/2012 2:34:19 AM : Underperform Start Price: $3.00 KITDQ Score: +13.00

KIT digital, Inc. (KITD) has a short interest of 35% and is down 26% over the last three months – KIT provides IP-based video enablement technologies. The hedge fund activity has been positive for the stock, even though the company operates in a niche market that has come under pressure with IT budget guts. Chuck Royce and Chase Coleman are both top hedge fund owners in this stock.

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