Sky Solar Holdings Ltd (NASDAQ:SKYS) saw a significant decline in short interest in September. As of September 30th, there was short interest totalling 11,900 shares, a decline of 5.6% from the August 30th total of 12,600 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 72,900 shares, the days-to-cover ratio is currently 0.2 days.
NASDAQ SKYS opened at $0.67 on Thursday. Sky Solar has a twelve month low of $0.40 and a twelve month high of $1.58. The stock’s 50 day moving average is $0.51 and its 200 day moving average is $0.57.
Separately, ValuEngine lowered Sky Solar from a “buy” rating to a “hold” rating in a research report on Wednesday.
About Sky Solar
Sky Solar Holdings, Ltd., an investment holding company, operates as an independent power producer worldwide. The company develops, owns, and operates solar parks primarily in the downstream solar market. It also sells solar energy systems, including pipeline; and engineering, construction, and procurement services, as well as engages in building and transferring solar parks.
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