DEFSEC Technologies Inc. (NASDAQ:DFSC) Short Interest Update

DEFSEC Technologies Inc. (NASDAQ:DFSC) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 59,000 shares, a growth of 169.4% from the August 31st total of 21,900 shares. Approximately 4.3% of the company’s stock are sold short. Based on an average daily trading volume, of 366,200 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 366,200 shares, the short-interest ratio is presently 0.2 days. Approximately 4.3% of the company’s stock are sold short.

DEFSEC Technologies Stock Down 4.6%

Shares of DFSC stock opened at $3.74 on Friday. DEFSEC Technologies has a 1 year low of $2.81 and a 1 year high of $63.63. The company’s fifty day simple moving average is $3.57.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on DFSC shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of DEFSEC Technologies in a report on Saturday, September 27th. Wall Street Zen lowered shares of DEFSEC Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

DEFSEC Technologies Company Profile

DEFSEC develops and commercializes breakthrough next-generation tactical systems for military and security forces. The Company’s current portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons.