Orangekloud Technology Inc. (NASDAQ:ORKT) Short Interest Update

Orangekloud Technology Inc. (NASDAQ:ORKT) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 65,902 shares, a growth of 52.8% from the January 15th total of 43,140 shares. Based on an average daily trading volume, of 4,741,867 shares, the short-interest ratio is presently 0.0 days. Approximately 1.1% of the shares of the stock are sold short. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,741,867 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Orangekloud Technology

An institutional investor recently bought a new position in Orangekloud Technology stock. Citadel Advisors LLC purchased a new stake in shares of Orangekloud Technology Inc. (NASDAQ:ORKT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 16,601 shares of the company’s stock, valued at approximately $34,000. Citadel Advisors LLC owned approximately 0.28% of Orangekloud Technology at the end of the most recent reporting period.

Orangekloud Technology Trading Up 2.5%

Shares of NASDAQ ORKT opened at $1.21 on Friday. Orangekloud Technology has a 52-week low of $0.62 and a 52-week high of $5.56. The firm’s fifty day moving average is $0.94 and its two-hundred day moving average is $1.67.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Orangekloud Technology in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Orangekloud Technology presently has a consensus rating of “Sell”.

Orangekloud Technology Company Profile

Orangekloud Technology, Inc is a holding company, which engages in providing information technology consulting services. Its digital transformation projects include the sales and consulting of Microsoft Dynamics ERP software licenses. It operates through the Packaged Software Solutions, and No-Code Platform and Mobile Application segments. The Packaged Software Solutions segment refers to packaged software and custom software solutions. The No-Code Platform and Mobile Application focuses on providing a rapid development environment through a No-Code platform.