Short Interest in Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) Drops By 66.7%

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 100 shares, a decline of 66.7% from the January 15th total of 300 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 0.0 days.

Skkynet Cloud Systems Stock Performance

Shares of OTCMKTS SKKY traded up $0.01 during trading hours on Wednesday, hitting $0.90. 2,574 shares of the stock were exchanged, compared to its average volume of 3,961. The company’s fifty day simple moving average is $0.72 and its two-hundred day simple moving average is $0.62. Skkynet Cloud Systems has a 1-year low of $0.15 and a 1-year high of $1.45.

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.