SUMAU (NASDAQ:SUMAU) Short Interest Update

SUMAU (NASDAQ:SUMAUGet Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 654 shares, a decline of 66.4% from the May 14th total of 1,948 shares. Based on an average daily volume of 386 shares, the days-to-cover ratio is currently 1.7 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of SUMAU to a “hold” rating in a report on Saturday, March 21st.

Check Out Our Latest Research Report on SUMAU

SUMAU Price Performance

Shares of SUMAU opened at $10.15 on Thursday. SUMAU has a 1 year low of $9.98 and a 1 year high of $10.15. The company’s fifty day moving average price is $10.08.

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