Blackline Safety Corp. (OTCMKTS:BLKLF) Sees Significant Drop in Short Interest

Blackline Safety Corp. (OTCMKTS:BLKLF) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 5,000 shares, a decrease of 57.6% from the November 30th total of 11,800 shares. Based on an average daily trading volume, of 6,200 shares, the short-interest ratio is currently 0.8 days.

Blackline Safety Price Performance

Shares of BLKLF traded down $0.03 on Friday, hitting $4.40. 274 shares of the stock traded hands, compared to its average volume of 3,277. Blackline Safety has a one year low of $2.66 and a one year high of $4.85. The business has a 50 day simple moving average of $4.52 and a 200 day simple moving average of $3.94.

About Blackline Safety

Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones.