Short Interest in Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Drops By 60.9%

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,183 shares, a decline of 60.9% from the May 31st total of 13,264 shares. Based on an average trading volume of 34,533 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Liberty Defense in a research report on Friday, April 24th. They set a “sell (e+)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Liberty Defense currently has an average rating of “Sell”.

Liberty Defense Stock Performance

DETX opened at $4.03 on Wednesday. The business has a 50 day simple moving average of $4.21. The stock has a market capitalization of $8.00 million and a P/E ratio of -2.92. Liberty Defense has a 12-month low of $3.70 and a 12-month high of $4.98.