Hamilton Thorne Ltd. (OTCMKTS:HTLZF) Sees Significant Decrease in Short Interest

Hamilton Thorne Ltd. (OTCMKTS:HTLZF) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 100 shares, a drop of 75.0% from the August 31st total of 400 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 0.0 days.

Shares of OTCMKTS:HTLZF traded up $0.05 during midday trading on Tuesday, reaching $1.05. The company had a trading volume of 350 shares, compared to its average volume of 11,306. The company has a fifty day simple moving average of $1.05. Hamilton Thorne has a 1-year low of $0.65 and a 1-year high of $1.14.

Separately, Canaccord Genuity raised their target price on Hamilton Thorne from $1.50 to $1.75 and gave the company a “buy” rating in a research note on Monday, June 1st.

About Hamilton Thorne

Hamilton Thorne Ltd. develops, manufactures, and sells precision instruments, consumables, software, and services for the assisted reproductive technologies (ART), research, and cell biology markets. It offers laser products used in a range of scientific applications and in vitro fertilization (IVF) procedures; and image analysis systems used in the studies of reproductive cells in the human fertility, animal sciences, and reproductive toxicology fields.

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