Argan SA (OTCMKTS:ARLLF) Short Interest Down 87.4% in June

Argan SA (OTCMKTS:ARLLF) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 92 shares, a drop of 87.4% from the June 15th total of 731 shares. Based on an average trading volume of 1 shares, the days-to-cover ratio is currently 92.0 days.

Argan Price Performance

Shares of OTCMKTS:ARLLF opened at $77.56 on Friday. Argan has a 12-month low of $75.85 and a 12-month high of $77.56. The business has a 50 day moving average of $77.56 and a two-hundred day moving average of $75.87.

About Argan

Argan, Inc, trading on the OTCMKTS under the symbol ARLLF, is a Delaware‐incorporated holding company that specializes in owning and operating businesses focused on energy infrastructure and environmental services. Since its founding in 1982, Argan has pursued a strategy of acquiring and growing niche companies that provide mission‐critical products and services to industrial, commercial and governmental customers. The company is headquartered in Rockville, Maryland, and its two principal operating subsidiaries are Kinetics Noise Control and The COMANCO Group.

Kinetics Noise Control designs, engineers and manufactures acoustic and thermal management solutions for a wide range of end markets, including power generation, petrochemical, manufacturing and military.