Short Interest in Avast Plc (OTCMKTS:AVASF) Declines By 78.6%

Avast Plc (OTCMKTS:AVASF) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 2,400 shares, a decrease of 78.6% from the September 15th total of 11,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 12.0 days.

Shares of OTCMKTS:AVASF remained flat at $$8.45 during trading on Thursday. The stock has a 50-day moving average of $8.30 and a 200 day moving average of $7.29. Avast has a fifty-two week low of $6.05 and a fifty-two week high of $8.45.

A number of analysts recently weighed in on AVASF shares. The Goldman Sachs Group lowered shares of Avast from a “buy” rating to a “neutral” rating in a report on Tuesday, July 20th. Barclays lowered shares of Avast from an “overweight” rating to an “equal weight” rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Avast Company Profile

Avast Plc is a holding company, which engages in the provision of security software. It operates through the Consumer Products, and Small and Medium Business (SMB) segments. The Consumer Products segment offers desktop security, server protection, mobile device protection, and consist of free and premium paid products for the individual consumer market.

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