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

Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY) saw a large increase in short interest during 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 trading volume of 2,800 shares, the days-to-cover ratio is currently 0.2 days.

Skkynet Cloud Systems Stock Performance

SKKY stock remained flat at $0.55 during midday trading on Monday. Skkynet Cloud Systems has a 12 month low of $0.04 and a 12 month high of $0.68. The business’s fifty day moving average is $0.45 and its 200 day moving average is $0.39.

About Skkynet Cloud Systems

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.