Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) Short Interest Up 56.4% in August

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 1,400 shares, a growth of 56.4% from the July 30th total of 895 shares. Based on an average daily volume of 22,629 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

Skillful Craftsman Education Technology Price Performance

Shares of EDTK opened at $0.88 on Thursday. The stock has a 50 day moving average price of $0.94 and a 200 day moving average price of $0.97. Skillful Craftsman Education Technology has a 52-week low of $0.80 and a 52-week high of $1.18.

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

Skillful Craftsman Education Technology Company Profile

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.