First Breach Inc. (NASDAQ:FBDT – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 186,272 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 1,408,414 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are short sold.
Insider Transactions at First Breach
In other First Breach news, COO Jordan Zachary Low bought 140,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average cost of $0.67 per share, for a total transaction of $93,800.00. Following the completion of the transaction, the chief operating officer directly owned 5,762,400 shares of the company’s stock, valued at approximately $3,860,808. This trade represents a 2.49% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of First Breach to a “hold” rating in a research note on Saturday, August 29th.
First Breach Stock Performance
Shares of FBDT stock traded up $0.13 during trading on Tuesday, reaching $0.77. The company’s stock had a trading volume of 5,297,333 shares, compared to its average volume of 1,602,415. First Breach has a 1-year low of $0.61 and a 1-year high of $12.00.
First Breach (NASDAQ:FBDT – Get Free Report) last announced its quarterly earnings data on Friday, August 28th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $0.10 million during the quarter.
First Breach Company Profile
First Breach Inc is a defense technologies company of match-grade ammunition components, finished ammunition and next-generation unmanned aerial systems for commercial, law enforcement and military markets. The Company manufactures its products in-house where it produces brass cups, casings, projectiles, lead cores, lead wire and completed ammunition with rigorous quality control standards. First Breach Inc is based in HAGERSTOWN, MD.
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