Short Interest in Halma (OTCMKTS:HLMAF) Rises By 81.5%

Halma (OTCMKTS:HLMAF) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 288,780 shares, a growth of 81.5% from the June 15th total of 159,111 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 10,022 shares, the short-interest ratio is presently 28.8 days.

Wall Street Analysts Forecast Growth

HLMAF has been the subject of several research analyst reports. BNP Paribas Exane raised shares of Halma to an “outperform” rating in a research note on Monday, June 15th. Citigroup reiterated a “buy” rating on shares of Halma in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Halma Price Performance

HLMAF stock opened at $49.58 on Friday. Halma has a twelve month low of $41.77 and a twelve month high of $66.22. The company’s 50 day moving average is $56.37 and its two-hundred day moving average is $54.03.

About Halma

Halma plc is a United Kingdom–based group of specialist technology companies that develop products and services designed to protect and improve lives. The company focuses on safety, health and environmental markets, bringing together a portfolio of engineering-led businesses that design, manufacture and distribute sensing, detection, monitoring and control technologies. Its offering is aimed at reducing risk, improving safety outcomes and supporting regulatory compliance across a range of industrial, commercial and medical settings.

Halma’s subsidiaries supply a broad array of hardware and software solutions, including sensors and detection systems for fire, gas and hazardous conditions, medical devices and diagnostics, environmental and water-quality monitoring equipment, and related lifecycle services such as calibration, maintenance and technical support.