Could AIRBOSS OF AMERICA CORP NEW ORDINARY SHA (OTCMKTS:ABSSF) Go Down After Its Newest Short Interest Report?

The stock of AIRBOSS OF AMERICA CORP NEW ORDINARY SHA (OTCMKTS:ABSSF) registered a decrease of 8.88% in short interest. ABSSF’s total short interest was 35,900 shares in July as published by FINRA. Its down 8.88% from 39,400 shares, reported previously. With 300 shares average volume, it will take short sellers 120 days to cover their ABSSF’s short positions.

The stock decreased 2.65% or $0.18 during the last trading session, reaching $6.6. About 300 shares traded. AirBoss of America Corp. (OTCMKTS:ABSSF) has 0.00% since July 14, 2018 and is . It has underperformed by 4.43% 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 $152.39 million. The firm operates in three divisions: Rubber Compounding, Engineered Products, and Automotive. It has a 18.7 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.

More recent AirBoss of America Corp. (OTCMKTS:ABSSF) news were published by: Seekingalpha.com which released: “AirBoss Of America – Adapting Well To Turbulent Market Conditions – Seeking Alpha” on February 12, 2017. Also Prnewswire.com published the news titled: “TerrAscend Announces Record Revenue for the First Quarter of 2019 – PRNewswire” on May 23, 2019. Seekingalpha.com‘s news article titled: “AirBoss Of America – A Case Study In Getting It Wrong – Part 1 – Seeking Alpha” with publication date: November 16, 2016 was also an interesting one.

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