SUMAU (NASDAQ:SUMAU) Short Interest Down 66.4% in May

SUMAU (NASDAQ:SUMAU) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 654 shares, a decrease of 66.4% from the May 14th total of 1,948 shares. Based on an average trading volume of 386 shares, the short-interest ratio is currently 1.7 days.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded SUMAU to a “hold” rating in a report on Saturday, March 21st.

SUMAU Price Performance

Shares of SUMAU stock remained flat at $10.15 on Friday. The stock had a trading volume of 1,600 shares, compared to its average volume of 64,223. SUMAU has a twelve month low of $9.98 and a twelve month high of $10.15. The company has a 50-day simple moving average of $10.08.