What’s Next for ATS AUTOMATED TOOLING ORDINARY SHARES (OTCMKTS:ATSAF) After Having Less Shares Shorted?

November 10, 2018 - By James Guidry

ATS Automation Tooling Systems Inc. (OTCMKTS:ATSAF) Logo

The stock of ATS AUTOMATED TOOLING ORDINARY SHARES (OTCMKTS:ATSAF) registered a decrease of 78.17% in short interest. ATSAF’s total short interest was 6,200 shares in November as published by FINRA. Its down 78.17% from 28,400 shares, reported previously. With 200 shares average volume, it will take short sellers 31 days to cover their ATSAF’s short positions.

The stock decreased 0.74% or $0.10011 during the last trading session, reaching $13.48189. About 640 shares traded. ATS Automation Tooling Systems Inc. (OTCMKTS:ATSAF) has 0.00% since November 10, 2017 and is . It has underperformed by 15.62% the S&P500.

ATS Automation Tooling Systems Inc. provides factory automation solutions worldwide. The company has market cap of $1.20 billion. It is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. It has a 32.18 P/E ratio. The companyÂ’s products include ATS Supertrak, a modular conveyor system; ATS850 clean room conveyor for applications requiring reliability, cleanliness, and non-contact queuing; ATS OmniTrak optimal solution; and LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations.

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