Ansell Limited (OTCMKTS:ANSLY) Sees Significant Growth in Short Interest

Ansell Limited (OTCMKTS:ANSLY) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 182 shares, a growth of 1,200.0% from the August 31st total of 14 shares. Based on an average daily volume of 77 shares, the days-to-cover ratio is presently 2.4 days.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada downgraded Ansell to a “sector perform” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Ansell currently has a consensus rating of “Moderate Buy”.

Ansell Trading Up 15.0%

Shares of Ansell stock traded up $16.16 on Thursday, hitting $124.00. The company had a trading volume of 127 shares, compared to its average volume of 183. The business has a 50-day simple moving average of $94.07 and a 200-day simple moving average of $85.55. Ansell has a 52 week low of $74.38 and a 52 week high of $124.00.

Ansell Company Profile

Ansell Limited is an Australian company that develops, manufactures and distributes personal protective equipment (PPE). Its products are designed to help protect workers and healthcare professionals from chemical, biological, mechanical and other workplace hazards.

The company’s portfolio includes disposable and surgical gloves, examination gloves, reusable industrial gloves, chemical-protective gloves, protective clothing and other specialized safety products. Its brands include MICROFLEX, TouchNTuff, GAMMEX, AlphaTec, HyFlex, ActivArmr and Ringers.