Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) Short Interest Update

Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PNGet Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 49,881 shares, a drop of 33.2% from the June 30th total of 74,671 shares. Approximately 9.7% of the company’s stock are short sold. Based on an average daily trading volume, of 15,686 shares, the days-to-cover ratio is currently 3.2 days.

Wall Street Analysts Forecast Growth

PN has been the subject of several recent research reports. Weiss Ratings raised shares of Skycorp Solar Group Limited Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, July 20th. Wall Street Zen raised shares of Skycorp Solar Group Limited Ordinary Shares to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Skycorp Solar Group Limited Ordinary Shares has a consensus rating of “Sell”.

View Our Latest Stock Report on Skycorp Solar Group Limited Ordinary Shares

Skycorp Solar Group Limited Ordinary Shares Stock Down 27.0%

Shares of Skycorp Solar Group Limited Ordinary Shares stock opened at $17.27 on Friday. The stock’s fifty day moving average is $5.13. Skycorp Solar Group Limited Ordinary Shares has a 12-month low of $2.18 and a 12-month high of $76.80.

About Skycorp Solar Group Limited Ordinary Shares

(Get Free Report)

Skycorp Solar Group Ltd is a solar PV product provider principally engaged in the manufacture and sale of solar cables and solar connectors. It also has partnerships with multiple IC chip manufacturers and offers customers new and used GPU and HPC servers. Its business is carried out through its operating subsidiaries. The company operates in two operating segments: the business to manufacture and sell solar PV products and solar power system solutions service, the business to sell High Performance Computing products, and others.

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