KNRX (NYSEAMERICAN:KNRX) Sees Significant Drop in Short Interest

KNRX (NYSEAMERICAN:KNRX – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 569,409 shares, a drop of 47.7% from the September 30th total of 1,088,244 shares. Based on an average daily volume of 796,961 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.9% of the company’s shares are sold short.

KNRX Stock Performance

KNRX stock traded down $0.00 during midday trading on Friday, reaching $0.15. The stock had a trading volume of 50,946 shares, compared to its average volume of 381,172. The company has a fifty day moving average price of $0.30 and a two-hundred day moving average price of $0.75. KNRX has a 12 month low of $0.14 and a 12 month high of $3.45.

KNRX (NYSEAMERICAN:KNRX – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $1.34 million for the quarter.

About KNRX

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Knorex Ltd. is a provider of AI-driven digital advertising products and solutions. The Company’s flagship platform, Knorex XPOsm, is an AI-powered, cloud-based advertising technology platform. Knorex Ltd. is based in Sunnyvale.

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