PONOU (NASDAQ:PONOU) Short Interest Down 75.0% in June

PONOU (NASDAQ:PONOU – Get Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,363 shares, a decrease of 75.0% from the May 31st total of 5,458 shares. Based on an average daily volume of 1,613 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded PONOU to a “hold” rating in a research note on Saturday, March 21st.

Check Out Our Latest Analysis on PONOU

PONOU Stock Down 0.2%

PONOU opened at $10.18 on Friday. The company has a fifty day moving average price of $10.12. PONOU has a 1 year low of $9.96 and a 1 year high of $13.00.

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