What’s Propelling ASALEO CARE LTD. ORDINARY SHARES AUSTRA (OTCMKTS:ASLEF) After Lower Shorts Reported?

June 18, 2018 - By Michael Collier

The stock of ASALEO CARE LTD. ORDINARY SHARES AUSTRA (OTCMKTS:ASLEF) registered a decrease of 62.65% in short interest. ASLEF’s total short interest was 12,700 shares in June as published by FINRA. Its down 62.65% from 34,000 shares, reported previously. With 13,100 shares average volume, it will take short sellers 1 days to cover their ASLEF’s short positions.

It closed at $0.9571 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Asaleo Care Limited, a personal care and hygiene company, makes, markets, distributes, and sells professional hygiene, personal care, and consumer tissue products in Australia, New Zealand, Fiji, and various countries in the Pacific region. The company has market cap of $557.11 million. The firm offers consumer tissue products consisting of toilet tissues, facial tissues, flushable wipes, paper towels, serviettes, garbage bags, kitchen towels, plates, cups, cutlery, and straws under the Sorbent, Purex, Handee, Deeko, Orchid, and Viti brands; and professional hygiene products, such as hand towels, toilet tissues, serviettes, soaps, facial tissues, wipers, and other hygiene based accessories under the Tork brand. It has a 12.27 P/E ratio. It also provides feminine care products, such as pads, tampons, liners, wipes and washes, and heat patches under the Libra brand; incontinence care products, including pads, pants, and liners under the TENA brand; and baby care products comprising nappies, nappy pants, and wipes under the Treasures brand.

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