Ability Inc (NASDAQ:ABIL) Sees Large Decrease in Short Interest

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Ability Inc (NASDAQ:ABIL) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 25,200 shares, a decline of 11.3% from the June 30th total of 28,400 shares. Based on an average daily volume of 138,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the company’s shares are sold short.

NASDAQ ABIL opened at $0.59 on Friday. The business’s 50 day moving average price is $0.82 and its 200-day moving average price is $1.38. Ability has a fifty-two week low of $0.54 and a fifty-two week high of $8.14.

About Ability

Ability Inc, through its subsidiaries, provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications.

See Also: What is Compound Annual Growth Rate (CAGR)?

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