Altium Limited (OTCMKTS:ALMFF) Sees Significant Drop in Short Interest

Altium Limited (OTCMKTS:ALMFFGet Free Report) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 153,600 shares, a decline of 7.2% from the May 31st total of 165,600 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 512.0 days.

Altium Price Performance

Shares of ALMFF opened at $44.37 on Tuesday. The stock’s 50 day moving average is $43.77 and its two-hundred day moving average is $39.10. Altium has a twelve month low of $23.96 and a twelve month high of $45.00.

About Altium

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Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Design Software; and Cloud Platform. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium 365 viewer, CircuitStudio, and CircuitMaker.

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