Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Sees Large Drop in Short Interest

Liberty Defense Holdings, Ltd. (NASDAQ:DETXGet Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 2,793 shares, a drop of 38.7% from the June 30th total of 4,555 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 12,739 shares, the short-interest ratio is currently 0.2 days.

Liberty Defense Trading Down 2.3%

Shares of NASDAQ:DETX opened at $3.04 on Friday. Liberty Defense has a twelve month low of $3.03 and a twelve month high of $4.98. The firm has a market cap of $6.03 million and a P/E ratio of -2.20. The stock has a 50 day simple moving average of $3.88.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Liberty Defense in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Liberty Defense

Liberty Defense Holdings, Ltd. is a technology company in the Electronic Equipment & Instruments industry.

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