PONOU (NASDAQ:PONOU) Short Interest Update

PONOU (NASDAQ:PONOU) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,404 shares, a decline of 51.5% from the April 15th total of 4,958 shares. Based on an average trading volume of 20,742 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised PONOU to a “hold” rating in a research report on Saturday, March 21st.

PONOU Price Performance

PONOU stock remained flat at $10.06 during midday trading on Friday. The company had a trading volume of 8,052 shares, compared to its average volume of 62,420. PONOU has a fifty-two week low of $9.96 and a fifty-two week high of $10.10. The company has a 50 day moving average of $10.02.