Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Sees Large Increase in Short Interest

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,000 shares, an increase of 125.8% from the August 31st total of 3,100 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.8 days.

Skillful Craftsman Education Technology Stock Performance

EDTK opened at $1.08 on Monday. The company has a fifty day moving average price of $1.05 and a 200-day moving average price of $0.99. Skillful Craftsman Education Technology has a one year low of $0.80 and a one year high of $1.20.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Skillful Craftsman Education Technology in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited provides vocational online education and technology services to college students and graduates in the People's Republic of China. The company's education services cover a range of subjects, including vocational, continuing, basic, and higher education.