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

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) was the recipient of a large growth in short interest during 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 daily volume of 25,301 shares, the short-interest ratio is presently 1.5 days. Approximately 1.9% of the shares of the stock are sold short.

Institutional Trading of Liberty Defense

A hedge fund recently bought a new position in Liberty Defense stock. AWM Investment Company Inc. acquired a new position in shares of Liberty Defense Holdings, Ltd. (NASDAQ:DETX) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm 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 reporting period.

Wall Street Analyst Weigh In

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

Liberty Defense Trading Down 1.6%

Shares of DETX traded down $0.06 during mid-day trading on Tuesday, hitting $3.65. The company had a trading volume of 6,199 shares, compared to its average volume of 30,736. Liberty Defense has a 1-year low of $2.78 and a 1-year high of $4.98. The business has a 50-day moving average of $3.61. The company has a market cap of $7.24 million and a PE ratio of -2.64.

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

About Liberty Defense

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.