Blackline Safety Corp. (OTCMKTS:BLKLF) Short Interest Update

Blackline Safety Corp. (OTCMKTS:BLKLF) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 213,400 shares, a growth of 58.7% from the September 15th total of 134,500 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 14.9 days. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 14.9 days.

Analyst Ratings Changes

Separately, TD Securities downgraded shares of Blackline Safety from a “buy” rating to a “hold” rating in a report on Friday, September 12th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Blackline Safety Trading Down 4.5%

Shares of OTCMKTS BLKLF opened at $4.98 on Wednesday. Blackline Safety has a 12-month low of $4.21 and a 12-month high of $5.81. The stock has a 50 day simple moving average of $5.14 and a 200-day simple moving average of $5.07.

Blackline Safety Company Profile

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.