Altium Limited (OTCMKTS:ALMFF) Short Interest Up 22.2% in December

Altium Limited (OTCMKTS:ALMFFGet Rating) was the target of a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 157,300 shares, a growth of 22.2% from the December 15th total of 128,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,573.0 days.

Altium Price Performance

Shares of OTCMKTS ALMFF opened at $24.05 on Friday. The stock has a fifty day moving average price of $23.84 and a 200 day moving average price of $22.10. Altium has a 1-year low of $23.20 and a 1-year high of $26.35.

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on Altium in a report on Sunday, November 20th. They issued a “neutral” rating for the company.

Altium Company Profile

(Get Rating)

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Board and Systems; and Nexar. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium NEXUS, CircuitStudio, and CircuitMaker.

Further Reading

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