Short Interest in Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Drops By 60.5%

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 553 shares, a decline of 60.5% from the August 15th total of 1,400 shares. Based on an average daily volume of 8,883 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Skillful Craftsman Education Technology Trading Up 0.4%

Shares of EDTK stock traded up $0.00 during midday trading on Monday, hitting $0.92. The company had a trading volume of 2,130 shares, compared to its average volume of 5,813. The company’s 50 day simple moving average is $0.93 and its 200 day simple moving average is $0.97. Skillful Craftsman Education Technology has a 52-week low of $0.80 and a 52-week high of $1.18.

Skillful Craftsman Education Technology (NASDAQ:EDTK) last issued its earnings results on Wednesday, August 12th. The company reported ($0.23) earnings per share (EPS) for the quarter. The firm had revenue of $0.01 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Skillful Craftsman Education Technology from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Skillful Craftsman Education Technology has a consensus rating of “Sell”.

About Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Ltd. (NASDAQ: EDTK) is a China-based vocational education provider that integrates hands-on training with digital learning solutions. The company operates a network of skill-focused training centers alongside an online education platform, offering programs tailored to industries such as information technology, healthcare, hospitality and modern services.

Through its campuses and e-learning portal, Skillful Craftsman delivers post-secondary vocational courses designed to equip graduates with practical expertise aligned with employer needs.