TG-17 Inc. (NASDAQ:OBAI) Short Interest Update

TG-17 Inc. (NASDAQ:OBAI) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 538,452 shares, a drop of 35.7% from the June 30th total of 837,176 shares. Currently, 1.8% of the shares of the company are short sold. Based on an average daily volume of 943,395 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

Several analysts recently issued reports on OBAI shares. Maxim Group began coverage on TG-17 in a research note on Friday, June 26th. They issued a “buy” rating and a $2.00 price target for the company. Weiss Ratings reissued a “sell (e-)” rating on shares of TG-17 in a report on Friday, July 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $2.00.

TG-17 Stock Performance

Shares of OBAI traded up $0.00 during mid-day trading on Friday, hitting $0.52. 191,229 shares of the company’s stock were exchanged, compared to its average volume of 6,664,918. TG-17 has a 52 week low of $0.43 and a 52 week high of $38.50. The stock has a 50-day moving average of $0.61. The stock has a market capitalization of $15.44 million and a price-to-earnings ratio of -1.26.

TG-17 (NASDAQ:OBAI) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.41) earnings per share (EPS) for the quarter. The company had revenue of $2.35 million during the quarter.

About TG-17

TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.