Short Interest in Liberty Defense Holdings, Ltd. (NASDAQ:DETX) Declines By 60.9%

Liberty Defense Holdings, Ltd. (NASDAQ:DETX) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,183 shares, a drop of 60.9% from the May 31st total of 13,264 shares. Based on an average daily trading volume, of 34,533 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of Liberty Defense in a research note on Friday, April 24th. They issued a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Liberty Defense presently has a consensus rating of “Sell”.

Liberty Defense Trading Up 0.2%

NASDAQ:DETX traded up $0.01 during trading hours on Monday, reaching $4.02. 8,458 shares of the company traded hands, compared to its average volume of 44,751. The firm has a 50-day moving average price of $4.22. Liberty Defense has a 1 year low of $3.70 and a 1 year high of $4.98.