Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY – Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,985 shares, an increase of 548.9% from the April 30th total of 460 shares. Based on an average trading volume of 4,034 shares, the short-interest ratio is presently 0.7 days.
Skkynet Cloud Systems Stock Performance
OTCMKTS SKKY opened at $0.30 on Thursday. Skkynet Cloud Systems has a 12 month low of $0.16 and a 12 month high of $0.94. The company’s 50 day moving average is $0.29 and its two-hundred day moving average is $0.32.
Skkynet Cloud Systems Company Profile
Skkynet Cloud Systems specializes in secure, real-time data communications for industrial and enterprise applications. The company’s technology is built around a high-performance publish-subscribe architecture, designed to connect devices, sensors and enterprise systems over both cloud and on-premises deployments. By enabling seamless data flow across firewalls, Skkynet addresses the growing demand for reliable machine-to-machine (M2M) and Internet of Things (IoT) connectivity.
The company’s flagship offerings include SkkyHub, a cloud-based messaging platform, and DataHub, an on-site software solution.
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