TG-17 Inc. (NASDAQ:OBAI) Short Interest Update

TG-17 Inc. (NASDAQ:OBAI) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 885,193 shares, a growth of 64.4% from the July 15th total of 538,452 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 840,316 shares, the days-to-cover ratio is presently 1.1 days.

TG-17 Price Performance

Shares of NASDAQ OBAI opened at $0.33 on Wednesday. TG-17 has a 12-month low of $0.32 and a 12-month high of $38.50. The firm’s 50-day simple moving average is $0.60. The stock has a market cap of $9.85 million and a PE ratio of -0.80.

TG-17 (NASDAQ:OBAI) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.20) EPS for the quarter. The company had revenue of $2.12 million during the quarter.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Weiss Ratings raised TG-17 from a “sell (e-)” rating to a “sell (e)” rating in a report on Friday, August 7th. Maxim Group began coverage on shares of 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $2.00.

TG-17 Company Profile

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.