TG-17 Inc. (NASDAQ:OBAI) Short Interest Down 62.2% in April

TG-17 Inc. (NASDAQ:OBAI) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 149,119 shares, a decline of 62.2% from the April 15th total of 394,853 shares. Based on an average trading volume of 1,728,365 shares, the short-interest ratio is currently 0.1 days. Approximately 0.7% of the shares of the stock are short sold.

Analysts Set New Price Targets

OBAI has been the subject of a number of analyst reports. Wall Street Zen raised TG-17 to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings initiated coverage on shares of TG-17 in a research report on Wednesday, April 29th. They set a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

TG-17 Stock Up 6.0%

Shares of TG-17 stock traded up $0.03 during trading on Thursday, reaching $0.57. 308,482 shares of the company were exchanged, compared to its average volume of 1,509,712. TG-17 has a twelve month low of $0.44 and a twelve month high of $38.50. The business’s 50-day simple moving average is $1.18.

TG-17 (NASDAQ:OBAI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.34 EPS for the quarter. The business had revenue of $2.72 million for the quarter.

TG-17 Company Profile

TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.