Short Interest in TG-17 Inc. (NASDAQ:OBAI) Grows By 206.5%

TG-17 Inc. (NASDAQ:OBAI) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 837,176 shares, a growth of 206.5% from the June 15th total of 273,124 shares. Currently, 3.4% of the company’s stock are short sold. Based on an average daily trading volume, of 66,998,759 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Several research firms have issued reports on OBAI. Weiss Ratings started coverage on shares of TG-17 in a research note on Wednesday, April 29th. They issued a “sell (e-)” rating for the company. Maxim Group assumed coverage on TG-17 in a report on Friday, June 26th. They issued a “buy” rating and a $2.00 target price for the company. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, TG-17 currently has an average rating of “Hold” and an average price target of $2.00.

TG-17 Stock Up 8.7%

NASDAQ:OBAI traded up $0.05 during trading hours on Tuesday, reaching $0.65. 785,456 shares of the company’s stock were exchanged, compared to its average volume of 7,364,525. The firm has a market cap of $15.90 million and a price-to-earnings ratio of -1.59. The firm’s 50-day moving average is $0.61. TG-17 has a 1-year low of $0.43 and a 1-year high of $38.50.

TG-17 (NASDAQ:OBAI) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.41) EPS for the quarter. The business had revenue of $2.35 million for the quarter.

About TG-17

TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.