TG-17 Inc. (NASDAQ:OBAI) Short Interest Up 155.6% in August

TG-17 Inc. (NASDAQ:OBAI – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,139,871 shares, a growth of 155.6% from the August 15th total of 446,019 shares. Approximately 3.8% of the company’s stock are short sold. Based on an average daily trading volume, of 6,499,485 shares, the short-interest ratio is currently 0.2 days.

TG-17 Stock Performance

Shares of NASDAQ:OBAI opened at $0.33 on Friday. The stock’s 50-day moving average is $0.46 and its 200-day moving average is $0.82. TG-17 has a 52-week low of $0.31 and a 52-week high of $38.50. The company has a market cap of $9.87 million and a P/E ratio of -0.54.

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TG-17 (NASDAQ:OBAI – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $2.12 million for the quarter.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on OBAI shares. Maxim Group began coverage on TG-17 in a research report on Friday, June 26th. They issued a “buy” rating and a $2.00 target price on the stock. Weiss Ratings upgraded shares of TG-17 from a “sell (e-)” rating to a “sell (e)” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $2.00.

View Our Latest Research Report on OBAI

About TG-17

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TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.

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