Sky Solar Holdings Ltd (NASDAQ:SKYS) Sees Significant Decrease in Short Interest

Sky Solar Holdings Ltd (NASDAQ:SKYS) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 9,800 shares, a decrease of 86.1% from the July 31st total of 70,300 shares. Based on an average daily volume of 82,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Sky Solar stock traded down $0.01 during trading hours on Friday, hitting $0.52. The stock had a trading volume of 200 shares, compared to its average volume of 30,973. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.65. Sky Solar has a 1-year low of $0.45 and a 1-year high of $1.58. The stock’s fifty day moving average is $0.53 and its two-hundred day moving average is $0.62.

Sky Solar Company Profile

Sky Solar Holdings, Ltd., an investment holding company, operates as an independent power producer worldwide. The company develops, owns, and operates solar parks primarily in the downstream solar market. It also sells solar energy systems, including pipeline; and engineering, construction, and procurement services, as well as engages in building and transferring solar parks.

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