Short Interest in Singularity Future Technology Ltd. (NASDAQ:SGLY) Drops By 14.8% – Journal Today Online

Singularity Future Technology Ltd. (NASDAQ:SGLY – Get Free Report) was the acquirer of a super modification in brief welfare in the period of July. As of July 15th, there was brief welfare totalling 40,800 shares, a modification of 14.8% from the June 30th amount of 47,900 shares. Currently, 1.2% of the shares of the consort are oversubscribed short. Based on an cipher trading intensity of 26,700 shares, the short-interest ratio is currently 1.5 days.

Singularity Future Technology Stock Performance

Shares of SGLY unsealed at $4.01 on Friday. The business’s 50-day agitated cipher is $4.75 and its two-hundred period agitated cipher is $4.56. The consort has a mart estimation of $14.04 million, a P/E ratio of -1.06 and a beta of 1.01. Singularity Future Technology has a fifty-two hebdomad baritone of $2.00 and a fifty-two hebdomad broad of $8.00.

Singularity Future Technology (NASDAQ:SGLY – Get Free Report) terminal declared its quarterly earnings results on Wednesday, May 15th. The consort reportable ($0.32) earnings per deal for the quarter. The consort had income of $0.45 meg for the quarter. Singularity Future Technology had a perverse convey on justness of 97.21% and a perverse gain edge of 255.35%.

About Singularity Future Technology

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Singularity Future Technology Ltd. operates as an desegrated logistics solutions bourgeois in China and the United States. It offers transport logistics services, including shipping, transportation, warehouse, collection, last-mile delivery, modify shipping, tariff clearance, and foreign installation conveying services.

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