Recon Technology, Ltd. (NASDAQ:RCON) Short Interest Update

Recon Technology, Ltd. (NASDAQ:RCON) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 80,000 shares, a drop of 30.1% from the August 31st total of 114,500 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 839,100 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 839,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.8% of the company’s shares are sold short.

Recon Technology Stock Down 0.5%

NASDAQ RCON opened at $2.01 on Monday. Recon Technology has a 1 year low of $1.40 and a 1 year high of $7.16. The business’s fifty day moving average is $2.36 and its two-hundred day moving average is $2.19.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Recon Technology in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About Recon Technology

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People’s Republic of China. The company offers equipment, tools, and other components and parts related to oilfield production and other energy industries; and develops and sells industrial automation control and information solutions.