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

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

Phaos Technology Holdings (Cayman) Trading Down 18.3%

NYSEAMERICAN:POAS traded down $0.27 during trading hours on Tuesday, reaching $1.23. 121,899 shares of the stock were exchanged, compared to its average volume of 64,527. Phaos Technology Holdings has a twelve month low of $1.13 and a twelve month high of $110.92. The firm has a 50 day moving average of $2.43 and a 200 day moving average of $13.08.

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

About Phaos Technology Holdings (Cayman)

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.