Short Interest in ALS Limited (OTCMKTS:CPBLF) Declines By 48.8%

ALS Limited (OTCMKTS:CPBLF) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 74,827 shares, a drop of 48.8% from the April 15th total of 146,011 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group set a $28.00 price target on ALS and gave the stock a “buy” rating in a research report on Thursday, January 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, ALS currently has an average rating of “Buy” and an average target price of $28.00.

ALS Price Performance

ALS stock opened at $16.11 on Friday. The stock has a fifty day moving average of $14.76 and a two-hundred day moving average of $14.32. ALS has a fifty-two week low of $13.20 and a fifty-two week high of $18.19.

About ALS

ALS Limited (OTCMKTS:CPBLF) is a global provider of testing, inspection and certification services across a wide range of industries. The company offers analytical and advisory support designed to help clients meet regulatory standards, manage risk and optimise product quality. Its core services include environmental testing, food and pharmaceutical analysis, industrial inspection and specialist geochemistry.

In the environmental sector, ALS delivers water, soil and air quality testing for government agencies and private organisations, supporting initiatives in pollution monitoring and remediation.