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

Blackline Safety Corp. (OTCMKTS:BLKLF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 24,200 shares, an increase of 476.2% from the December 31st total of 4,200 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 12.7 days.

Blackline Safety Price Performance

BLKLF stock remained flat at $4.75 during mid-day trading on Thursday. Blackline Safety has a 12 month low of $2.80 and a 12 month high of $5.00. The company’s fifty day simple moving average is $4.58 and its 200 day simple moving average is $4.17.

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.