Phaos Technology Holdings (Cayman) Limited (NYSEAMERICAN:POAS) Sees Significant Drop in Short Interest

Phaos Technology Holdings (Cayman) Limited (NYSEAMERICAN:POAS) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 21,721 shares, a drop of 94.9% from the September 30th total of 424,625 shares. Based on an average daily volume of 55,162 shares, the short-interest ratio is presently 0.4 days.

Phaos Technology Holdings (Cayman) Stock Down 22.3%

POAS traded down $0.43 on Monday, hitting $1.50. The company had a trading volume of 113,954 shares, compared to its average volume of 64,259. The company’s fifty day moving average price is $2.43 and its 200 day moving average price is $13.08. Phaos Technology Holdings has a 1 year low of $1.30 and a 1 year high of $110.92.

Phaos Technology Holdings (Cayman) (NYSEAMERICAN:POAS) last posted its quarterly earnings data on Monday, August 31st. The company reported ($2.08) EPS for the quarter. The firm had revenue of $0.02 million for the quarter.

Phaos Technology Holdings (Cayman) Company Profile

Phaos Technology Holdings (Cayman) Limited is an investment holding company incorporated on March 7, 2024, under the laws of the Cayman Islands. The Company through its subsidiary assembles and commercializes such advanced microscopy-related solutions, technologies and products. Using its patented microsphere-assisted technology, the Company can significantly increase the magnification of existing traditional optical microscopes compared to its competitors, hence allowing our clients to see beyond the optical limit in an effective manner.