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

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 38,206 shares, an increase of 1,800.8% from the July 30th total of 2,010 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily trading volume, of 25,301 shares, the short-interest ratio is currently 1.5 days.

Liberty Defense Stock Performance

NASDAQ:DETX opened at $3.65 on Wednesday. The firm has a fifty day simple moving average of $3.61. The stock has a market capitalization of $7.23 million and a price-to-earnings ratio of -2.64. Liberty Defense has a one year low of $2.78 and a one year high of $4.98.

Liberty Defense (NASDAQ:DETX) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.43) earnings per share for the quarter. The business had revenue of $0.04 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Liberty Defense in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

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

Liberty Defense Company Profile

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.