SunScout Holding Limited (NYSEAMERICAN:SNSC) Stock Short Interest Drops 58.6%

SunScout Holding Limited (NYSEAMERICAN:SNSC) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 8,107 shares, a decline of 58.6% from the September 15th total of 19,561 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 42,436 shares, the days-to-cover ratio is presently 0.2 days.

SunScout Stock Down 9.6%

Shares of SNSC traded down $0.10 during midday trading on Tuesday, hitting $0.94. 90,834 shares of the company traded hands, compared to its average volume of 323,222. The stock’s 50-day moving average is $1.44. SunScout has a one year low of $0.82 and a one year high of $4.40.

SunScout Company Profile

SunScout Holding Limited is a clean-technology company developing and commercializing autonomous, solar-powered robotic mowers and related solar energy solutions. The company also provides solar power development solutions as well as engineering products and services, including precision fabrication, mechanical engineering and project management. SunScout Holding Limited is based in Palmerston North, New Zealand.