First Breach Inc. (NASDAQ:FBDT) Sees Significant Increase in Short Interest

First Breach Inc. (NASDAQ:FBDT) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 186,272 shares, an increase of ∞ from the August 15th total of 0 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,408,414 shares, the days-to-cover ratio is currently 0.1 days.

Insider Buying and Selling

In other news, COO Jordan Zachary Low acquired 140,000 shares of the company’s stock in a transaction on Friday, September 11th. The stock was bought at an average cost of $0.67 per share, with a total value of $93,800.00. Following the completion of the purchase, the chief operating officer directly owned 5,762,400 shares of the company’s stock, valued at $3,860,808. This represents a 2.49% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of First Breach to a “hold” rating in a report on Saturday, August 29th.

First Breach Stock Performance

First Breach stock opened at $0.86 on Thursday. First Breach has a 1 year low of $0.61 and a 1 year high of $12.00.

First Breach (NASDAQ:FBDT) last issued its earnings results on Friday, August 28th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $0.10 million for the quarter.

First Breach Company Profile

First Breach Technologies Inc is a cybersecurity company focused on helping organizations identify, assess and address digital security vulnerabilities. Its activities center on cybersecurity testing and related services intended to help businesses evaluate their defenses against potential cyberattacks.

The company’s offerings include cybersecurity assessments and solutions designed to support threat detection, vulnerability management and the protection of business systems and data. First Breach serves organizations seeking to strengthen their security posture and improve preparedness for evolving cyber threats.

First Breach Technologies is listed on the Nasdaq Capital Market under the symbol FBDT.