Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Stock Short Interest Drops 73.0%

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 2,311 shares, a decline of 73.0% from the October 15th total of 8,554 shares. Based on an average daily volume of 33,398 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Skillful Craftsman Education Technology from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, Skillful Craftsman Education Technology currently has a consensus rating of “Sell”.

Skillful Craftsman Education Technology Stock Performance

EDTK traded down $0.02 on Friday, reaching $0.90. The company’s stock had a trading volume of 1,431 shares, compared to its average volume of 12,106. The stock has a 50 day moving average of $0.96 and a two-hundred day moving average of $0.97. Skillful Craftsman Education Technology has a fifty-two week low of $0.80 and a fifty-two week high of $1.36.

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

About Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education technology company focused on providing online education services in China. Through its digital education platform, the company offers vocational education and skills-training content designed to support students and other learners pursuing professional development. The company works with educational institutions and provides online courses, learning resources and related technology services. Its platform is intended to complement traditional instruction by delivering educational content and training through digital channels.