Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Shares Shorted: Short Interest Up 106,825.0% in October

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 8,554 shares, a growth of 106,825.0% from the September 30th total of 8 shares. Based on an average daily volume of 92,651 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Skillful Craftsman Education Technology Trading Up 5.3%

Shares of EDTK traded up $0.05 during mid-day trading on Monday, reaching $0.94. 32,184 shares of the company’s stock were exchanged, compared to its average volume of 11,936. The company has a 50-day simple moving average of $0.95 and a two-hundred day simple moving average of $0.97. Skillful Craftsman Education Technology has a 52-week low of $0.80 and a 52-week high of $1.36.

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

Wall Street Analysts Forecast Growth

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

Skillful Craftsman Education Technology Company Profile

Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education technology company focused on providing online education and vocational training services in China. The company uses digital platforms to deliver learning content and support users pursuing professional development and skills-based education.

Its offerings are centered on online courses, training programs and related educational services designed to help students and working professionals prepare for vocational examinations, obtain qualifications and improve job-related skills.