HiTech Group Australia (ASX:HIT) Short Percentage of Float

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:HIT HiTech Group Australia Ltd ASX:HIT
77 GF Score
Price A$0.94
GF Value A$1.89
Valuation Possible Value Trap
! 5 Warning Signs
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What is HiTech Group Australia Short Percentage of Float?

Short Percentage of Float is the percentage of shares shorted compared to the float.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

ASX:HIT vs KFY, RHI, TNET: Short Percentage of Float Comparison

For the Staffing & Employment Services subindustry, HiTech Group Australia's Short Percentage of Float, along with its competitors' market caps and Short Percentage of Float data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HiTech Group Australia Short Percentage of Float vs Business Services Industry

For the Business Services industry and Industrials sector, HiTech Group Australia's Short Percentage of Float distribution charts can be found below:

* The bar in red indicates where HiTech Group Australia's Short Percentage of Float falls into.


ASX:HIT
77GF Score
HiTech Group Australia Ltd ASX:HIT
Short Percentage of Float is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?

Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued. The current stock price of A$0.94 is trading 50.3% below its estimated GF Value™ of A$1.89. GuruFocus considers HiTech Group Australia to be Possible Value Trap.

Key valuation signals for ASX:HIT:

  • Short Percentage of Float:
  • GF Value™: A$1.89 vs. price of A$0.94 (50.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HiTech Group Australia Business Description

Address Gateway Tower, SE3701b, Level 37, 1 Macquarie Place, Sydney, NSW, AUS, 2000
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
77GF Score

Get the complete analysis for ASX:HIT

Short Percentage of Float is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.94
Price
A$1.89
GF Value