ARB CORPORATION LTD ORDINARY SHARES (OTCMKTS:ARBFF) Sellers Declined By 1.9% Their Shorts

May 16, 2018 - By Benjamin Allen

ARB Corporation Limited (OTCMKTS:ARBFF) Corporate Logo

It was registered a decrease on ARB CORPORATION LTD ORDINARY SHARES (OTCMKTS:ARBFF)’s shorted shares with 1.9%. It was published in May by FINRA the 231,800 shorted shares on ARBFF. That’s 1.9% down from 236,300 shares. Float short on ARB CORPORATION LTD ORDINARY SHARES is 0.35%.

Lastly it traded at $16.24.It’s since May 16, 2017 and is 0.00% down. ARBFF underperformed the S&P500 by 11.55%.

ARB Corporation Limited designs, manufactures, distributes, and sells motor vehicle accessories and light metal engineering works in Australia, the United States, Thailand, the Middle East, and Europe.The company has $1.30 billion market cap. The firm provides protection equipment, including bull bars and frontal protection, side rails and protection steps, rear protection equipment, and under vehicle protection products; recovery equipment, such as warn winches, bushranger winches, smittybilt winches, recovery points, straps and accessories, jacks and accessories, recovery kits and bags, and other recovery essentials.Currently it has negative earnings. It also offers nitrocharger sports, springs, and steering and hardware products; vehivle lighting products comprising LED light bars and driving lights, and IPF lighting products and accessories; Canopies and Ute Lids, sport lids, and sportguard Ute liners; roof racks and roof bars; and drawers and cargo barriers; and batteries, auxiliary battery kits, battery management products, and solar products.

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