SUMAU (NASDAQ:SUMAU) Short Interest Update

SUMAU (NASDAQ:SUMAU – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 654 shares, a decline of 66.4% from the May 14th total of 1,948 shares. Based on an average trading volume of 386 shares, the days-to-cover ratio is presently 1.7 days.

Analysts Set New Price Targets

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

Get SUMAU alerts:

View Our Latest Research Report on SUMAU

SUMAU Stock Performance

Shares of NASDAQ SUMAU opened at $10.15 on Thursday. SUMAU has a fifty-two week low of $9.98 and a fifty-two week high of $10.15. The company’s 50-day moving average is $10.08.

See Also

• Five stocks we like better than SUMAU
• Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
• This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
• Intel Is the Market’s Most Mispriced AI Hedge
• The Biggest Opportunity From SpaceX’s IPO May Surprise You

Receive News & Ratings for SUMAU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SUMAU and related companies with MarketBeat.com's FREE daily email newsletter.