Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) Sees Significant Drop in Short Interest

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 80.0% from the October 15th total of 500 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 0.1 days.

Skkynet Cloud Systems Stock Performance

SKKY traded up $0.38 during trading on Wednesday, hitting $0.88. The stock had a trading volume of 47,828 shares, compared to its average volume of 3,326. Skkynet Cloud Systems has a twelve month low of $0.15 and a twelve month high of $0.88. The company’s 50-day moving average price is $0.52 and its 200 day moving average price is $0.50.

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.