Argan SA (OTCMKTS:ARLLF) Sees Significant Decrease in Short Interest

Argan SA (OTCMKTS:ARLLFGet Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 75 shares, a drop of 84.8% from the August 15th total of 495 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Argan Price Performance

Shares of ARLLF stock opened at $77.56 on Friday. Argan has a 12-month low of $75.85 and a 12-month high of $77.56. The firm has a fifty day moving average of $77.56 and a 200-day moving average of $77.56.

Argan Company Profile

(Get Free Report)

Argan, Inc, trading on the OTCMKTS under the symbol ARLLF, is a Delaware‐incorporated holding company that specializes in owning and operating businesses focused on energy infrastructure and environmental services. Since its founding in 1982, Argan has pursued a strategy of acquiring and growing niche companies that provide mission‐critical products and services to industrial, commercial and governmental customers. The company is headquartered in Rockville, Maryland, and its two principal operating subsidiaries are Kinetics Noise Control and The COMANCO Group.

Kinetics Noise Control designs, engineers and manufactures acoustic and thermal management solutions for a wide range of end markets, including power generation, petrochemical, manufacturing and military.

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