Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Short Interest Down 60.9% in June

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 5,183 shares, a drop of 60.9% from the May 31st total of 13,264 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 34,533 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on Liberty Defense in a report on Friday, April 24th. They set a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Liberty Defense Price Performance

Shares of DETX traded up $0.03 during mid-day trading on Tuesday, reaching $4.05. 3,725 shares of the company were exchanged, compared to its average volume of 43,872. The stock has a 50 day simple moving average of $4.21. The company has a market capitalization of $8.04 million and a PE ratio of -2.93. Liberty Defense has a 52 week low of $3.70 and a 52 week high of $4.98.