Short Interest in Loomis AB (OTCMKTS:LOIMF) Expands By 150.0%

Key Points

• Short interest in Loomis AB increased significantly by 150.0% in July, rising from 400 shares to a total of 1,000 shares.
• The company's stock price remained relatively stable at $43.65, close to its 52-week high of this value.
• Loomis AB specializes in the distribution and management of cash and valuables, offering a range of services including cash transportation and payment processing solutions.

Loomis AB (OTCMKTS:LOIMF - ) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,000 shares, agrowthof150.0% from the July 15th total of 400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Loomis Price Performance

Shares of Loomis stock remained flat at $43.65 during trading on Friday. The stock has a market capitalization of $3.13 billion, a P/E ratio of 17.82 and a beta of -1.54. The firm's 50-day simple moving average is $40.08 and its 200-day simple moving average is $39.01. Loomis has a 52-week low of $43.34 and a 52-week high of $43.65. The company has a quick ratio of 1.00, a current ratio of 1.04 and a debt-to-equity ratio of 0.53.

About Loomis

Loomis AB (publ) provides solutions for the distribution, payments, handling, storage, and recycling of cash and other valuables. The company offers a range of solutions for cash in transit, cash management services, foreign exchange services, automated teller machines, automated solutions, and international valuables logistics, as well as operates Loomis Pay, a payment service that enables processing of various types of payment methods, such as card, cash, and digital alternatives.

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