Ansell Limited (OTCMKTS:ANSLY) Sees Significant Growth in Short Interest

Ansell Limited (OTCMKTS:ANSLY) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 182 shares, a growth of 1,200.0% from the August 31st total of 14 shares. Based on an average trading volume of 77 shares, the days-to-cover ratio is currently 2.4 days.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada lowered Ansell to a “sector perform” rating in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Ansell Stock Up 15.0%

Shares of OTCMKTS:ANSLY traded up $16.16 during mid-day trading on Thursday, hitting $124.00. The stock had a trading volume of 127 shares, compared to its average volume of 183. Ansell has a 12-month low of $74.38 and a 12-month high of $124.00. The company’s 50 day moving average is $94.07 and its 200-day moving average is $85.55.

Ansell Company Profile

Ansell Limited is an Australian company that develops, manufactures and distributes personal protective equipment (PPE). Its products are designed to help protect workers and healthcare professionals from chemical, biological, mechanical and other workplace hazards.

The company’s portfolio includes disposable and surgical gloves, examination gloves, reusable industrial gloves, chemical-protective gloves, protective clothing and other specialized safety products. Its brands include MICROFLEX, TouchNTuff, GAMMEX, AlphaTec, HyFlex, ActivArmr and Ringers.