First Breach Inc. (NASDAQ:FBDT) Short Interest Update

First Breach Inc. (NASDAQ:FBDT) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 186,272 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 1,408,414 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded First Breach to a “hold” rating in a research note on Saturday, August 29th.

Insider Activity

In related news, COO Jordan Zachary Low purchased 140,000 shares of First Breach stock in a transaction dated Friday, September 11th. The stock was purchased at an average cost of $0.67 per share, with a total value of $93,800.00. Following the transaction, the chief operating officer owned 5,762,400 shares in the company, valued at approximately $3,860,808. The trade was a 2.49% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

First Breach Trading Down 20.0%

Shares of NASDAQ FBDT traded down $0.20 during trading hours on Wednesday, hitting $0.80. 4,182,276 shares of the stock were exchanged, compared to its average volume of 5,671,043. First Breach has a 12 month low of $0.61 and a 12 month high of $12.00.

First Breach (NASDAQ:FBDT) last announced its earnings results on Friday, August 28th. The company reported ($0.26) earnings per share for the quarter. The business had revenue of $0.10 million for the quarter.

First Breach Company Profile

First Breach Inc is a defense technologies company of match-grade ammunition components, finished ammunition and next-generation unmanned aerial systems for commercial, law enforcement and military markets. The Company manufactures its products in-house where it produces brass cups, casings, projectiles, lead cores, lead wire and completed ammunition with rigorous quality control standards. First Breach Inc is based in HAGERSTOWN, MD.