What Next for Ability Inc – Ordinary Shares (NASDAQ:ABIL) Stock After Increase in Shorted Shares?

The stock of Ability Inc – Ordinary Shares (NASDAQ:ABIL) registered an increase of 8.92% in short interest. ABIL’s total short interest was 118,400 shares in July as published by FINRA. Its up 8.92% from 108,700 shares, reported previously. With 131,700 shares average volume, it will take short sellers 1 days to cover their ABIL’s short positions. The short interest to Ability Inc – Ordinary Shares’s float is 5.9%.

The stock decreased 0.12% or $0.0011 during the last trading session, reaching $0.9289. About 40,695 shares traded. Ability Inc. (NASDAQ:ABIL) has declined 51.13% since July 14, 2018 and is downtrending. It has underperformed by 55.56% the S&P500.

Ability Inc. provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. The company has market cap of $7.47 million. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications. It currently has negative earnings. The firm offers strategic and tactical cellular interception systems for intercepting mobile phone traffic and tracking mobile phone users; and satellite interception systems.

More notable recent Ability Inc. (NASDAQ:ABIL) news were published by: Globenewswire.com which released: “Ability’s Line of Credit to be Repaid and Converted into Equity – GlobeNewswire” on December 28, 2018, also Benzinga.com with their article: “(ABIL), ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) – 38 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” published on October 31, 2018, Streetinsider.com published: “Form 6-K Ability Inc. For: Aug 14 – StreetInsider.com” on August 14, 2018. More interesting news about Ability Inc. (NASDAQ:ABIL) were released by: Benzinga.com and their article: “30 Stocks Moving In Thursday’s Pre-Market Session – Benzinga” published on September 20, 2018 as well as Seekingalpha.com‘s news article titled: “BAC, UAL among premarket gainers – Seeking Alpha” with publication date: January 16, 2019.

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