Short Interest in Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Declines By 60.5%

Skillful Craftsman Education Technology Limited (NASDAQ:EDTKGet Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 553 shares, a drop of 60.5% from the August 15th total of 1,400 shares. Based on an average daily trading volume, of 8,883 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Skillful Craftsman Education Technology Stock Down 0.5%

NASDAQ EDTK opened at $0.92 on Friday. Skillful Craftsman Education Technology has a 12-month low of $0.80 and a 12-month high of $1.18. The company has a fifty day simple moving average of $0.93 and a two-hundred day simple moving average of $0.97.

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

Wall Street Analysts Forecast Growth

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

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Skillful Craftsman Education Technology Company Profile

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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.

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