It Seems ALTIUM LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:ALMFF) Will Go Down. Just Reported More Shorted Shares

April 17, 2018 - By Linda Rogers

Altium Limited (OTCMKTS:ALMFF) Logo

The stock of ALTIUM LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:ALMFF) registered an increase of 197.94% in short interest. ALMFF’s total short interest was 28,900 shares in April as published by FINRA. Its up 197.94% from 9,700 shares, reported previously. With 15,700 shares average volume, it will take short sellers 2 days to cover their ALMFF’s short positions. The short interest to ALTIUM LTD ORDINARY SHARES AUSTRALIA’s float is 0.03%.

It closed at $14.54 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. The company has market cap of $1.94 billion. It operates through three divisions: Board and Systems, Micro-­controllers and Embedded Systems, and Makers and Content. It has a 57.02 P/E ratio. The firm offers various printed circuit board products, including Altium Designer, which consists various tools required to produce a PCB from concept to manufacturing; CircuitStudio, a professional PCB design tool; and CircuitMaker, a streamlined PCB design tool custom built for makers, hobbyists, and DIYers community, as well as embedded products, such as TASKING tools for embedded software development.

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