Short Interest in SUMAU (NASDAQ:SUMAU) Declines By 66.4%

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

SUMAU Stock Performance

NASDAQ:SUMAU remained flat at $10.15 during trading hours on Friday. The stock’s fifty day moving average is $10.09. SUMAU has a fifty-two week low of $9.98 and a fifty-two week high of $10.15.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded SUMAU to a “hold” rating in a research note on Saturday, March 21st.

Get Our Latest Analysis on SUMAU

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