Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Short Interest Up 1,800.8% in August

Liberty Defense Holdings, Ltd. (NASDAQ:DETXGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 38,206 shares, a growth of 1,800.8% from the July 30th total of 2,010 shares. Based on an average trading volume of 25,301 shares, the short-interest ratio is currently 1.5 days. Currently, 1.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Liberty Defense stock. AWM Investment Company Inc. acquired a new position in Liberty Defense Holdings, Ltd. (NASDAQ:DETXFree Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 514,300 shares of the company’s stock, valued at approximately $2,083,000. AWM Investment Company Inc. owned about 25.97% of Liberty Defense as of its most recent SEC filing.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Liberty Defense in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on DETX

Liberty Defense Stock Performance

Shares of DETX opened at $3.49 on Thursday. The stock has a 50 day moving average of $3.60. Liberty Defense has a 52 week low of $2.78 and a 52 week high of $4.98. The company has a market cap of $6.91 million and a PE ratio of -2.53.

Liberty Defense (NASDAQ:DETXGet Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.43) earnings per share for the quarter. The firm had revenue of $0.04 million during the quarter.

About Liberty Defense

(Get Free Report)

Liberty Defense Holdings Ltd. provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty Defense Holdings Ltd. is based in WILMINGTON, Mass.

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