Blackline Safety Corp. (OTCMKTS:BLKLF) Sees Large Decline in Short Interest

Blackline Safety Corp. (OTCMKTS:BLKLF) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 19,300 shares, a decrease of 6.8% from the August 31st total of 20,700 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 2.6 days.

Blackline Safety Stock Performance

Shares of BLKLF opened at $4.24 on Tuesday. Blackline Safety has a 52 week low of $2.25 and a 52 week high of $4.36. The stock has a 50 day moving average of $3.60 and a 200-day moving average of $3.29.

Blackline Safety Company Profile

Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones.