Short Interest in Loomis AB (OTCMKTS:LOIMF) Rises 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 - Get Free Report) was the recipient of a significant growth in short interest in 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 days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Loomis Price Performance

Loomis stock remained flat at $43.65 during trading hours on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.04. The company has a fifty day moving average of $40.41 and a 200 day moving average of $39.41. Loomis has a 12 month low of $43.34 and a 12 month high of $43.65.

Loomis Company Profile

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.