SECURITY DEVICES INTERNATIONAL INC (OTCMKTS:SDEV) Shorted Shares Increased 51.92% After Market Selling

July 12, 2018 - By Jason Grubb

Security Devices International, Inc. (OTCMKTS:SDEV) Logo

The stock of SECURITY DEVICES INTERNATIONAL INC (OTCMKTS:SDEV) registered an increase of 51.92% in short interest. SDEV’s total short interest was 63,200 shares in July as published by FINRA. Its up 51.92% from 41,600 shares, reported previously. With 35,000 shares average volume, it will take short sellers 2 days to cover their SDEV’s short positions. The short interest to SECURITY DEVICES INTERNATIONAL INC’s float is 0.15%.

The stock decreased 4.39% or $0.008 during the last trading session, reaching $0.172. About shares traded. Security Devices International, Inc. (OTCMKTS:SDEV) has 0.00% since July 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Security Devices International, Inc., a less-lethal defense technology company, develops solutions for security situations that do not require the use of lethal force. The company has market cap of $16.14 million. The firm offers blunt impact projectile 40mm line of products, which uses pain compliance to control a target; and Lektrox, a wireless electric projectile 40mm product that releases an electrical pulse, which induces a muscle spasm and causes the target to fall to the ground helpless. It currently has negative earnings. It serves military, correctional services, and police agencies for crowd control.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: