Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) Stock Short Interest Declines 43.9%

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 3,195 shares, a decline of 43.9% from the August 31st total of 5,695 shares. Based on an average trading volume of 2,556 shares, the days-to-cover ratio is presently 1.2 days.

Skkynet Cloud Systems Stock Performance

Shares of SKKY opened at $0.45 on Thursday. Skkynet Cloud Systems has a one year low of $0.16 and a one year high of $1.25. The company has a 50-day moving average of $0.46 and a two-hundred day moving average of $0.40.

Skkynet Cloud Systems Company Profile

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Skkynet Cloud Systems, Inc develops software and cloud services for the industrial Internet of Things (IIoT), with a focus on connecting operational technology systems, business applications and data sources. Its solutions are designed to help organizations collect, transfer and share industrial data across plants, facilities and enterprise networks.

The company’s product portfolio has included DataHub software and related connectivity tools that support communication among industrial data sources, databases and applications.

Further Reading

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