Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) Short Interest Update

Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 7,402 shares, a decrease of 48.5% from the April 15th total of 14,381 shares. Based on an average trading volume of 113,630 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.6% of the shares of the stock are short sold.

Skycorp Solar Group Limited Ordinary Shares Price Performance

Shares of Skycorp Solar Group Limited Ordinary Shares stock opened at $4.31 on Monday. Skycorp Solar Group Limited Ordinary Shares has a 12 month low of $2.18 and a 12 month high of $87.40.

Skycorp Solar Group Limited Ordinary Shares (NASDAQ:PN) last announced its earnings results on Thursday, February 12th. The company reported ($1.00) EPS for the quarter. The business had revenue of $19.57 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Skycorp Solar Group Limited Ordinary Shares from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Skycorp Solar Group Limited Ordinary Shares

Skycorp Solar Group Ltd is a solar PV product provider principally engaged in the manufacture and sale of solar cables and solar connectors. It also has partnerships with multiple IC chip manufacturers and offers customers new and used GPU and HPC servers. Its business is carried out through its operating subsidiaries. The company operates in two operating segments: the business to manufacture and sell solar PV products and solar power system solutions service, the business to sell High Performance Computing products, and others.