ALS Limited (OTCMKTS:CPBLF – Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,756,200 shares, an increase of 28.3% from the March 15th total of 1,368,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 17,562.0 days.
ALS Trading Down 1.2 %
CPBLF stock traded down $0.12 during trading on Friday, hitting $9.53. The company had a trading volume of 4,500 shares, compared to its average volume of 4,680. ALS has a 52-week low of $9.11 and a 52-week high of $10.36. The company has a 50 day simple moving average of $9.57 and a 200-day simple moving average of $9.54.
Analyst Ratings Changes
Separately, Royal Bank of Canada started coverage on ALS in a research note on Wednesday, March 26th. They issued a “sector perform” rating on the stock.
About ALS
ALS Limited provides professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia/Pacific, Europe, the Middle East, and the Americas. It operates in two segments, Commodities and Life Sciences. The Commodities segment offers assaying and analytical testing, and metallurgical services for the mining and mineral exploration companies.
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