SKYX Platforms Corp. (NASDAQ:SKYX) Short Interest Update - MarketBeat

2022-10-01 21:01:30 By : Ms. puya chen

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SKYX Platforms Corp. (NASDAQ:SKYX - Get Rating) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 220,000 shares, a growth of 23.9% from the August 31st total of 177,600 shares. Approximately 0.5% of the company's shares are short sold. Based on an average daily volume of 836,000 shares, the short-interest ratio is presently 0.3 days. Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SKYX. Qube Research & Technologies Ltd acquired a new position in SKYX Platforms during the 1st quarter valued at approximately $219,000. JPMorgan Chase & Co. acquired a new stake in shares of SKYX Platforms in the first quarter worth $421,000. Citigroup Inc. acquired a new stake in shares of SKYX Platforms in the first quarter worth $273,000. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of SKYX Platforms in the first quarter worth $206,000. Finally, Ergoteles LLC acquired a new stake in shares of SKYX Platforms in the first quarter worth $1,615,000. Institutional investors and hedge funds own 0.89% of the company's stock. Analyst Ratings Changes

Separately, Benchmark reaffirmed an "initiates" rating on shares of SKYX Platforms in a research report on Thursday, July 28th.SKYX Platforms Price Performance

NASDAQ:SKYX traded down $0.06 during midday trading on Friday, reaching $3.69. 146,487 shares of the stock traded hands, compared to its average volume of 418,141. SKYX Platforms has a 12-month low of $1.82 and a 12-month high of $16.00. The business has a 50-day moving average of $4.05 and a two-hundred day moving average of $5.96. The company has a current ratio of 5.19, a quick ratio of 4.95 and a debt-to-equity ratio of 0.44.

SKYX Platforms (NASDAQ:SKYX - Get Rating) last issued its quarterly earnings results on Friday, August 12th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter. About SKYX Platforms (Get Rating)

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings.See AlsoGet a free copy of the StockNews.com research report on SKYX Platforms (SKYX)EV Battery Maker Freyr Set For Major Global Expansion MarketBeat: Week in Review 9/26 – 9/30This Is A Memorable Time To Buy Into Micron TechnologyThor Industries Hammers Out A BottomHow Does Keurig Dr Pepper Compare To Larger Rivals Coke & Pepsi?

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