AstroNova, Inc. (NASDAQ:ALOT) Short Interest Update

AstroNova, Inc. (NASDAQ:ALOT - Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 21,400 shares, a growth of 58.5% from the October 31st total of 13,500 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.4% of the company's stock are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised AstroNova from a "buy" rating to a "strong-buy" rating in a research report on Thursday, October 10th.

AstroNova Stock Performance

ALOT traded up $0.35 during trading on Friday, hitting $15.37. The stock had a trading volume of 4,062 shares, compared to its average volume of 12,063. The company has a current ratio of 1.87, a quick ratio of 0.73 and a debt-to-equity ratio of 0.25. AstroNova has a 12 month low of $11.82 and a 12 month high of $18.83. The company has a 50 day simple moving average of $13.90 and a 200-day simple moving average of $14.87. The firm has a market cap of $115.58 million, a PE ratio of 17.88 and a beta of 0.55.

AstroNova (NASDAQ:ALOT - Get Free Report) last posted its quarterly earnings data on Monday, September 16th. The business services provider reported $0.08 earnings per share for the quarter. The business had revenue of $40.54 million during the quarter. AstroNova had a return on equity of 7.77% and a net margin of 4.20%.

Institutional Investors Weigh In On AstroNova

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its holdings in AstroNova by 10.5% in the 3rd quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider's stock valued at $933,000 after purchasing an additional 6,592 shares during the period. Diamond Hill Capital Management Inc. lifted its stake in shares of AstroNova by 23.6% in the third quarter. Diamond Hill Capital Management Inc. now owns 68,000 shares of the business services provider's stock valued at $915,000 after buying an additional 13,000 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in shares of AstroNova in the first quarter valued at about $206,000. Finally, Vanguard Group Inc. grew its position in AstroNova by 0.8% during the first quarter. Vanguard Group Inc. now owns 349,546 shares of the business services provider's stock worth $6,229,000 after buying an additional 2,700 shares in the last quarter. Institutional investors and hedge funds own 43.02% of the company's stock.

AstroNova Company Profile

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).