ALS Limited (OTCMKTS:CPBLF) Short Interest Down 48.8% in April

ALS Limited (OTCMKTS:CPBLF) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 74,827 shares, a drop of 48.8% from the April 15th total of 146,011 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

ALS Stock Performance

Shares of ALS stock remained flat at $16.11 on Friday. The business has a 50-day moving average price of $14.76 and a 200-day moving average price of $14.32. ALS has a 52 week low of $13.20 and a 52 week high of $18.19.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group set a $28.00 target price on shares of ALS and gave the company a “buy” rating in a research report on Thursday, January 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, ALS has a consensus rating of “Buy” and an average price target of $28.00.

ALS Company Profile

ALS Limited (OTCMKTS:CPBLF) is a global provider of testing, inspection and certification services across a wide range of industries. The company offers analytical and advisory support designed to help clients meet regulatory standards, manage risk and optimise product quality. Its core services include environmental testing, food and pharmaceutical analysis, industrial inspection and specialist geochemistry.

In the environmental sector, ALS delivers water, soil and air quality testing for government agencies and private organisations, supporting initiatives in pollution monitoring and remediation.