PONOU (NASDAQ:PONOU) Short Interest Down 75.0% in June

PONOU (NASDAQ:PONOUGet Free Report) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1,363 shares, a decrease of 75.0% from the May 31st total of 5,458 shares. Based on an average daily volume of 1,613 shares, the short-interest ratio is currently 0.8 days.

PONOU Stock Down 0.2%

Shares of PONOU stock traded down $0.02 during trading hours on Monday, reaching $10.18. The company had a trading volume of 500 shares, compared to its average volume of 44,455. PONOU has a 1-year low of $9.96 and a 1-year high of $13.00. The firm’s 50 day simple moving average is $10.12.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised PONOU to a “hold” rating in a report on Saturday, March 21st.

Get Our Latest Analysis on PONOU

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