Short Interest in Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) Rises By 20.0%

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 600 shares, a growth of 20.0% from the May 31st total of 500 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 0.2 days.

Skkynet Cloud Systems Stock Performance

Shares of OTCMKTS:SKKY remained flat at $0.55 during trading on Friday. Skkynet Cloud Systems has a one year low of $0.04 and a one year high of $0.68. The company’s 50-day moving average price is $0.45 and its 200 day moving average price is $0.39.

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.