SORNU (NASDAQ:SORNU) Sees Significant Drop in Short Interest

SORNU (NASDAQ:SORNU – Get Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 177 shares, a decline of 48.1% from the May 14th total of 341 shares. Based on an average daily volume of 3,367 shares, the days-to-cover ratio is currently 0.1 days.

SORNU Trading Down 0.5%

SORNU stock traded down $0.06 during midday trading on Monday, hitting $10.00. The company’s stock had a trading volume of 300 shares, compared to its average volume of 72,498. The business’s 50-day simple moving average is $9.99. SORNU has a 12 month low of $9.92 and a 12 month high of $10.05.

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