KNRX (NYSEAMERICAN:KNRX) Short Interest Down 59.3% in May

KNRX (NYSEAMERICAN:KNRXGet Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 460,580 shares, a drop of 59.3% from the April 30th total of 1,132,117 shares. Based on an average daily volume of 111,112 shares, the days-to-cover ratio is presently 4.1 days. Approximately 1.5% of the company’s stock are sold short.

KNRX Stock Performance

Shares of KNRX stock traded down $0.01 during trading on Friday, reaching $0.61. The company’s stock had a trading volume of 72,234 shares, compared to its average volume of 112,056. KNRX has a 1-year low of $0.57 and a 1-year high of $4.00. The company has a 50-day simple moving average of $1.18.

About KNRX

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Knorex Ltd. is a provider of AI-driven digital advertising products and solutions. The Company’s flagship platform, Knorex XPOsm, is an AI-powered, cloud-based advertising technology platform. Knorex Ltd. is based in Sunnyvale.

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