Singularity Future Technology Ltd. (NASDAQ:SGLY – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 89,400 shares, a decline of 49.5% from the September 30th total of 177,100 shares. Based on an average daily trading volume, of 213,100 shares, the short-interest ratio is currently 0.4 days. Currently, 2.6% of the shares of the stock are sold short.
Singularity Future Technology Stock Performance
SGLY stock traded up $0.04 during trading on Friday, reaching $1.64. 29,870 shares of the company were exchanged, compared to its average volume of 206,690. The company has a market cap of $5.74 million, a P/E ratio of -0.43 and a beta of 1.02. Singularity Future Technology has a 52-week low of $1.27 and a 52-week high of $7.65. The stock’s 50 day moving average price is $2.50 and its 200 day moving average price is $3.80.
Singularity Future Technology Company Profile
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