Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Short Interest Update

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 38,206 shares, an increase of 1,800.8% from the July 30th total of 2,010 shares. Based on an average daily trading volume, of 25,301 shares, the short-interest ratio is presently 1.5 days. Approximately 1.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Liberty Defense stock. AWM Investment Company Inc. bought a new stake in shares of Liberty Defense Holdings, Ltd. (NASDAQ:DETX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 514,300 shares of the company’s stock, valued at approximately $2,083,000. AWM Investment Company Inc. owned approximately 25.97% of Liberty Defense as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Liberty Defense in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Liberty Defense Stock Performance

Shares of NASDAQ DETX traded down $0.06 during midday trading on Tuesday, hitting $3.65. 6,199 shares of the company’s stock were exchanged, compared to its average volume of 30,736. The business’s 50 day moving average is $3.61. The stock has a market cap of $7.24 million and a price-to-earnings ratio of -2.64. Liberty Defense has a twelve month low of $2.78 and a twelve month high of $4.98.

Liberty Defense (NASDAQ:DETX) last issued its quarterly earnings data on Friday, August 14th. The company reported ($0.43) earnings per share for the quarter. The company had revenue of $0.04 million for the quarter.

About Liberty Defense

Liberty Defense Holdings Ltd. provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty Defense Holdings Ltd. is based in WILMINGTON, Mass.