Absolute Software Co. (OTCMKTS:ALSWF) Sees Significant Decrease in Short Interest

Absolute Software Co. (OTCMKTS:ALSWF) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 79,000 shares, a decrease of 7.2% from the December 31st total of 85,100 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is presently 7.2 days.

Absolute Software Stock Performance

The firm has a market capitalization of $427,000.00, a price-to-earnings ratio of 0.04 and a beta of 1.05. The stock’s fifty day moving average price is $9.17. Absolute Software has a fifty-two week low of $0.00 and a fifty-two week high of $0.02.

About Absolute Software

Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. Its solutions includes education, financial services, general date protection regulations (GDPR) compliance, government, healthcare, professional services, and technology solutions such as Absolute for Android, and Absolute for Chromebook.