SKK Holdings Limited (NASDAQ:SKK) Short Interest Down 54.6% in February

SKK Holdings Limited (NASDAQ:SKK) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 24,712 shares, a decline of 54.6% from the February 12th total of 54,440 shares. Based on an average trading volume of 100,935 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 100,935 shares, the short-interest ratio is currently 0.2 days.

SKK Stock Down 3.7%

NASDAQ:SKK traded down $0.01 during mid-day trading on Friday, reaching $0.26. The company’s stock had a trading volume of 15,989 shares, compared to its average volume of 88,273. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.10. SKK has a 1 year low of $0.21 and a 1 year high of $1.01. The stock has a fifty day moving average of $0.30 and a 200-day moving average of $0.34.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of SKK in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

About SKK

SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works. It serves government authorities, utility companies, or contractors.