Armlogi Holding Corp. (NASDAQ:BTOC - Get Free Report) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 406,300 shares, an increase of 84.7% from the January 31st total of 220,000 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 243,400 shares, the days-to-cover ratio is presently 1.7 days.
Armlogi Price Performance
Shares of NASDAQ BTOC traded down $0.35 during mid-day trading on Wednesday, hitting $1.70. The company had a trading volume of 172,186 shares, compared to its average volume of 219,555. The business's 50-day simple moving average is $3.66 and its 200-day simple moving average is $4.63. The firm has a market cap of $70.85 million and a P/E ratio of -14.17. Armlogi has a 12 month low of $1.58 and a 12 month high of $8.74.
Armlogi (NASDAQ:BTOC - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $51.14 million for the quarter. Armlogi had a negative net margin of 3.03% and a negative return on equity of 15.30%.
Hedge Funds Weigh In On Armlogi
Hedge funds have recently made changes to their positions in the business. Squarepoint Ops LLC acquired a new stake in shares of Armlogi during the 4th quarter valued at about $163,000. OMERS ADMINISTRATION Corp acquired a new stake in Armlogi during the fourth quarter valued at approximately $158,000. Millennium Management LLC bought a new stake in shares of Armlogi in the 4th quarter valued at approximately $88,000. Symmetry Peak Management LLC acquired a new position in shares of Armlogi in the 3rd quarter worth approximately $90,000. Finally, Bank of America Corp DE bought a new position in shares of Armlogi during the 4th quarter worth approximately $27,000.
Armlogi Company Profile
(
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Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.
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