Ansell Limited (OTCMKTS:ANSLY) Short Interest Down 52.6% in August

Ansell Limited (OTCMKTS:ANSLY) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 18 shares, a drop of 52.6% from the July 30th total of 38 shares. Based on an average daily volume of 13 shares, the days-to-cover ratio is currently 1.4 days.

Ansell Stock Performance

Shares of Ansell stock remained flat at $107.84 during trading on Friday. 2 shares of the stock traded hands, compared to its average volume of 175. Ansell has a 12-month low of $74.38 and a 12-month high of $107.84. The company has a 50 day simple moving average of $85.52 and a two-hundred day simple moving average of $83.46.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada downgraded shares of Ansell to a “sector perform” rating in a report on Monday. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Ansell Company Profile

Ansell Limited is a global leader in protection solutions, designing, manufacturing and marketing a diverse range of personal protective equipment for healthcare, industrial and consumer markets. The company’s product offerings include disposable and reusable gloves, protective clothing, gas masks and face shields, all engineered to safeguard users from hazards such as chemicals, infectious diseases, cuts and thermal risks. Ansell’s solutions are deployed across sectors including medical and laboratory environments, oil and gas, automotive manufacturing, food processing and emergency services.

Within its portfolio, Ansell segments its operations into Industrial Safety and Healthcare Safety divisions.