Liberty Defense Holdings, Ltd. (NASDAQ:DETX – Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 16,023 shares, a growth of 83.9% from the April 30th total of 8,715 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 42,754 shares, the short-interest ratio is currently 0.4 days.
Liberty Defense Stock Down 2.0%
Shares of DETX opened at $4.41 on Tuesday. Liberty Defense has a 12 month low of $3.70 and a 12 month high of $4.98.
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 on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Liberty Defense has an average rating of “Sell”.
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