PONOU (NASDAQ:PONOU) Short Interest Update

PONOU (NASDAQ:PONOU) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,404 shares, a drop of 51.5% from the April 15th total of 4,958 shares. Based on an average daily volume of 20,742 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

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

PONOU Stock Performance

Shares of NASDAQ:PONOU remained flat at $10.06 during trading on Friday. The stock had a trading volume of 8,052 shares, compared to its average volume of 62,420. PONOU has a 12 month low of $9.96 and a 12 month high of $10.10. The firm has a 50 day moving average price of $10.02.