TAAT Global Alternatives Inc. (OTCMKTS:TOBAF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 254,500 shares, an increase of 21.5% from the August 15th total of 209,400 shares. Based on an average daily trading volume, of 418,100 shares, the days-to-cover ratio is currently 0.6 days.
Separately, Fundamental Research reiterated a “buy” rating on shares of TAAT Global Alternatives in a report on Tuesday, June 29th.
TOBAF stock opened at $3.01 on Tuesday. TAAT Global Alternatives has a 52-week low of $1.04 and a 52-week high of $4.74. The stock’s fifty day simple moving average is $3.19 and its 200-day simple moving average is $3.01.
About TAAT Global Alternatives
TAAT Global Alternatives Inc is an early-stage life sciences company. It focuses on hemp and the association with health and fitness. Its product portfolio includes Hemp cigarettes. The company was founded on June 5, 2006 and is headquartered in Vancouver, Canada.
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