PONOU (NASDAQ:PONOU) Sees Significant Decrease in Short Interest

PONOU (NASDAQ:PONOUGet Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,363 shares, a drop of 75.0% from the May 31st total of 5,458 shares. Based on an average daily volume of 1,613 shares, the short-interest ratio is presently 0.8 days.

PONOU Stock Performance

Shares of PONOU stock remained flat at $10.20 during trading on Friday. The company’s 50 day moving average is $10.12. PONOU has a one year low of $9.96 and a one year high of $13.00.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of PONOU to a “hold” rating in a report on Saturday, March 21st.

Get Our Latest Stock Report on PONOU

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