AirBoss of America Corp. (OTCMKTS:ABSSF – Get Rating) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 210,000 shares, an increase of 27.3% from the April 30th total of 165,000 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 87.5 days.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. National Bank Financial restated an “outperform” rating on shares of AirBoss of America in a research report on Friday, April 14th. TD Securities lowered their price objective on shares of AirBoss of America to C$10.50 in a research report on Friday, May 12th.
AirBoss of America Stock Down 4.7 %
Shares of ABSSF stock opened at $4.87 on Friday. AirBoss of America has a 12 month low of $4.26 and a 12 month high of $15.82. The company has a 50 day simple moving average of $5.47 and a two-hundred day simple moving average of $6.00.
AirBoss of America Company Profile
AirBoss of America Corp. engages in the provision of compounded rubber, survivability solutions and anti-vibration components to a diverse group of customers globally. It operates through the following segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. The Rubber Solutions segment focuses in rubber compounds and distribution of rubber compounding related chemicals.
- Get a free copy of the StockNews.com research report on AirBoss of America (ABSSF)
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