Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Short Interest Down 38.7% in July

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 2,793 shares, a drop of 38.7% from the June 30th total of 4,555 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 12,739 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Liberty Defense in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Liberty Defense presently has an average rating of “Sell”.

Liberty Defense Trading Down 2.3%

Liberty Defense stock traded down $0.07 during midday trading on Friday, reaching $3.04. The company’s stock had a trading volume of 13,841 shares, compared to its average volume of 33,450. The firm has a market cap of $6.03 million and a PE ratio of -2.20. Liberty Defense has a 52 week low of $3.03 and a 52 week high of $4.98. The firm’s 50-day moving average is $3.90.

Liberty Defense Holdings, Ltd. is a technology company in the Electronic Equipment & Instruments industry.