Short Interest in SORNU (NASDAQ:SORNU) Decreases By 48.1%

SORNU (NASDAQ:SORNUGet Free Report) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 177 shares, a drop of 48.1% from the May 14th total of 341 shares. Based on an average trading volume of 3,367 shares, the days-to-cover ratio is presently 0.1 days.

SORNU Stock Performance

Shares of SORNU stock opened at $10.00 on Tuesday. The company’s 50-day moving average is $9.99. SORNU has a 1-year low of $9.92 and a 1-year high of $10.05.

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