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Thu Sep 19 06:13:32 UTC 2024: ## Short Interest in a2 Milk Company Declines in August
**[City, State] – September 19, 2024** – The a2 Milk Company Limited (OTCMKTS:ACOPF), a leading producer of a2 protein milk, experienced a decrease in short interest during the month of August. Short interest, which represents the number of shares sold short, fell by 9.0% from 570,700 shares on August 15th to 519,100 shares on August 31st.
This decline in short interest suggests that investors may be becoming more optimistic about the company’s future prospects. The days-to-cover ratio, which measures the number of days it would take for short-sellers to cover their positions based on average daily volume, currently stands at 173.0 days.
a2 Milk’s stock opened at $3.50 on Thursday, with a twelve-month low of $2.36 and a twelve-month high of $4.89. The stock’s 50-day moving average is $4.13 and its 200-day moving average is also $4.13.
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