Skkynet Cloud Systems, Inc. (OTCMKTS:SKKY – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,985 shares, a growth of 548.9% from the April 30th total of 460 shares. Based on an average daily volume of 4,034 shares, the days-to-cover ratio is currently 0.7 days.
Skkynet Cloud Systems Price Performance
OTCMKTS SKKY remained flat at $0.30 during midday trading on Friday. The stock has a fifty day simple moving average of $0.29 and a 200 day simple moving average of $0.32. Skkynet Cloud Systems has a fifty-two week low of $0.16 and a fifty-two week high of $0.94.
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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