Short Interest in Argan SA (OTCMKTS:ARLLF) Declines By 87.4%

Argan SA (OTCMKTS:ARLLF) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 92 shares, a decrease of 87.4% from the June 15th total of 731 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 92.0 days.

Argan Stock Performance

Argan stock opened at $77.56 on Friday. Argan has a fifty-two week low of $75.85 and a fifty-two week high of $77.56. The firm’s fifty day moving average price is $77.56 and its 200-day moving average price is $75.87.

Argan Company Profile

Argan, Inc, trading on the OTCMKTS under the symbol ARLLF, is a Delaware‐incorporated holding company that specializes in owning and operating businesses focused on energy infrastructure and environmental services. Since its founding in 1982, Argan has pursued a strategy of acquiring and growing niche companies that provide mission‐critical products and services to industrial, commercial and governmental customers. The company is headquartered in Rockville, Maryland, and its two principal operating subsidiaries are Kinetics Noise Control and The COMANCO Group.

Kinetics Noise Control designs, engineers and manufactures acoustic and thermal management solutions for a wide range of end markets, including power generation, petrochemical, manufacturing and military.