TG-17 Inc. (NASDAQ:OBAI) Short Interest Down 35.7% in July

TG-17 Inc. (NASDAQ:OBAI) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 538,452 shares, a decline of 35.7% from the June 30th total of 837,176 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average trading volume of 943,395 shares, the short-interest ratio is presently 0.6 days.

TG-17 Trading Up 3.4%

NASDAQ OBAI opened at $0.53 on Friday. The business’s fifty day moving average is $0.61. The company has a market capitalization of $15.88 million and a PE ratio of -1.29. TG-17 has a fifty-two week low of $0.43 and a fifty-two week high of $38.50.

TG-17 (NASDAQ:OBAI) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.41) earnings per share for the quarter. The firm had revenue of $2.35 million during the quarter.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Maxim Group assumed coverage on TG-17 in a report on Friday, June 26th. They set a “buy” rating and a $2.00 target price on the stock. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of TG-17 in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, TG-17 has an average rating of “Hold” and a consensus price target of $2.00.

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.