SKK Holdings Limited (NASDAQ:SKK) Short Interest Up 54.0% in January

SKK Holdings Limited (NASDAQ:SKK) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 58,923 shares, a growth of 54.0% from the December 31st total of 38,270 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 132,010 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 132,010 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SKK in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

SKK Trading Down 4.7%

Shares of SKK opened at $0.30 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.10. SKK has a fifty-two week low of $0.25 and a fifty-two week high of $1.08. The firm has a 50-day simple moving average of $0.31 and a 200-day simple moving average of $0.39.

About SKK

SKK Holdings Limited, through its subsidiaries, provides civil engineering services in Singapore. It undertakes subsurface utility works, such as power and telecommunication cable laying works, water pipeline works, and sewer rehabilitation works. The company also offers gas pipeline and sewer construction works; and underground piping, underground utility infrastructure construction and maintenance, horizontal directional drilling, and plumbing and sanitary works. It serves government authorities, utility companies, or contractors.