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

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

Skkynet Cloud Systems Stock Performance

OTCMKTS:SKKY opened at $0.56 on Tuesday. Skkynet Cloud Systems has a 12-month low of $0.04 and a 12-month high of $0.68. The stock’s 50 day moving average price is $0.46 and its two-hundred 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.