Ansell Limited is a global provider of personal protective equipment (PPE) and medical gloves. The company operates in various industries such as healthcare, food processing, construction, and oil and gas.
The short interest in Ansell Limited OTCMKTSANSLF refers to the number of shares that have been borrowed by investors with the intention of selling them on the open market. Short interest can be an indicator of investor sentiment towards a company's stock.
As of February 15th, there was short interest totalling 69,800 shares in Ansell Limited OTCMKTSANSLF, which represents 0.2% of the total outstanding shares. This is a drop of 15.1% from the January 31st total of 82,200 shares.
The days-to-cover ratio is calculated by dividing the total short interest by the average daily trading volume. In this case, the days-to-cover ratio is […]. A higher days-to-cover ratio indicates that it may take longer for short sellers to cover their positions, which could potentially lead to a further increase in stock price.
It's important to note that short interest can be influenced by various factors such as news events, earnings reports, and market conditions. Therefore, while short interest can provide some insight into investor sentiment, it should not be used as the sole basis for investment decisions.
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