Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) Sees Significant Drop in Short Interest

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 400 shares, a decrease of 42.9% from the June 30th total of 700 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 0.3 days.

Skkynet Cloud Systems Stock Performance

Shares of SKKY stock remained flat at $0.54 during trading hours on Friday. The firm has a 50-day moving average of $0.55 and a two-hundred day moving average of $0.40. Skkynet Cloud Systems has a fifty-two week low of $0.04 and a fifty-two week high of $0.68.

Skkynet Cloud Systems Company Profile

Skkynet Cloud Systems, Inc, an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products worldwide. The company offers DataHub software, including applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring.