It Seems AIRBOSS OF AMERICA CORP NEW ORDINARY SHA (OTCMKTS:ABSSF) Will Go Up. Just Reported Less Shorted Shares

June 16, 2018 - By Migdalia James

The stock of AIRBOSS OF AMERICA CORP NEW ORDINARY SHA (OTCMKTS:ABSSF) registered a decrease of 2.5% in short interest. ABSSF’s total short interest was 62,400 shares in June as published by FINRA. Its down 2.5% from 64,000 shares, reported previously. With 200 shares average volume, it will take short sellers 312 days to cover their ABSSF’s short positions. The short interest to AIRBOSS OF AMERICA CORP NEW ORDINARY SHA’s float is 0.46%.

It closed at $11.19 lastly. It is down 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

AirBoss of America Corp., through its subsidiaries, develops, makes, and sells rubber products to the resource, military, automotive, and industrial markets primarily in Canada and the United States. The company has market cap of $260.32 million. The firm operates in three divisions: Rubber Compounding, Engineered Products, and Automotive. It has a 19.98 P/E ratio. The Rubber Compounding segment is involved in custom rubber compounding and supplying mixed rubber for use in mining, transportation, industrial rubber, military, automotive, conveyor belting, and other products; and distributes chemicals.

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