TG-17 Inc. (NASDAQ:OBAI) Sees Large Growth in Short Interest

TG-17 Inc. (NASDAQ:OBAI) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 837,176 shares, an increase of 206.5% from the June 15th total of 273,124 shares. Currently, 3.4% of the company’s stock are short sold. Based on an average trading volume of 66,998,759 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on OBAI shares. Weiss Ratings assumed coverage on shares of TG-17 in a research note on Wednesday, April 29th. They set a “sell (e-)” rating on the stock. Maxim Group assumed coverage on shares of TG-17 in a research note on Friday, June 26th. They set a “buy” rating and a $2.00 target price for the company. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, TG-17 currently has a consensus rating of “Hold” and an average target price of $2.00.

TG-17 Price Performance

NASDAQ:OBAI traded down $0.06 during trading hours on Monday, reaching $0.59. 735,026 shares of the company traded hands, compared to its average volume of 7,424,746. The firm has a 50-day moving average price of $0.61. TG-17 has a 1 year low of $0.43 and a 1 year high of $38.50. The firm has a market capitalization of $14.55 million and a PE ratio of -1.45.

TG-17 (NASDAQ:OBAI) last released its earnings results on Friday, May 15th. The company reported ($0.41) EPS for the quarter. The firm had revenue of $2.35 million during the quarter.

TG-17 Company Profile

TG-17, Inc, dba Bond (“Bond”) was formed under the laws of the State of Delaware on April 11, 2017. We provide preventative personal security powered by AI. Once activated, the cloud-based Bond Preventative Personal Security Platform provides users with remote protective services via phone app (using its Bond Preventative Personal Security Platform) and with 24/7 support from our Personal Security Agents, who are in Bond Command Centers and can respond rapidly. We offer 14 distinct services through our phone app (the “Bond App”) and fully automated Bond Command Centers located around the world, that allow Bond members to choose when and how Bond will keep them secure while preserving their privacy.