TAAT Global Alternatives Inc. (OTCMKTS:TOBAF) Short Interest Update

TAAT Global Alternatives Inc. (OTCMKTS:TOBAF) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 1,800 shares, a growth of 1,700.0% from the July 31st total of 100 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is presently 0.3 days.

TAAT Global Alternatives Stock Performance

Shares of OTCMKTS TOBAF traded up $0.01 during midday trading on Wednesday, reaching $0.14. 7,448 shares of the stock were exchanged, compared to its average volume of 5,148. TAAT Global Alternatives has a twelve month low of $0.10 and a twelve month high of $0.97. The firm has a 50-day simple moving average of $0.17 and a two-hundred day simple moving average of $0.18. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.97 and a quick ratio of 0.52.

TAAT Global Alternatives (OTCMKTS:TOBAF) last released its quarterly earnings results on Tuesday, July 16th. The company reported $0.01 earnings per share (EPS) for the quarter. TAAT Global Alternatives had a negative net margin of 8.75% and a negative return on equity of 570.78%. The firm had revenue of $15.74 million for the quarter.

TAAT Global Alternatives Company Profile

TAAT Global Alternatives Inc, a life sciences company, develops, manufactures, and distributes tobacco and non-tobacco products in Canada and the United States. It offers non-tobacco based smokable products and flavorings; and nicotine-free and tobacco-free alternatives to traditional cigarettes under the TAAT brand.