Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Sees Large Drop in Short Interest

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) saw a large decline in short interest during the month of 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,883 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

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

Skillful Craftsman Education Technology Price Performance

Shares of NASDAQ EDTK traded down $0.00 during mid-day trading on Tuesday, reaching $0.92. The company had a trading volume of 1,601 shares, compared to its average volume of 5,789. The stock has a fifty day moving average of $0.93 and a two-hundred day moving average of $0.97. Skillful Craftsman Education Technology has a 12-month low of $0.80 and a 12-month high of $1.18.

Skillful Craftsman Education Technology (NASDAQ:EDTK) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.23) EPS for the quarter. The company had revenue of $0.01 million for the quarter.

Skillful Craftsman Education Technology Company Profile

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.