Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Update
by Jessica Moore · The Cerbat GemArmlogi Holding Corp. (NASDAQ:BTOC – Get Free Report) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 393,531 shares, a decline of 39.5% from the November 30th total of 650,946 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 98,673 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 98,673 shares, the short-interest ratio is presently 4.0 days. Approximately 2.6% of the shares of the stock are sold short.
Armlogi Stock Up 1.2%
Shares of BTOC stock traded up $0.01 during trading hours on Friday, reaching $0.56. 30,228 shares of the company’s stock were exchanged, compared to its average volume of 85,975. Armlogi has a fifty-two week low of $0.41 and a fifty-two week high of $4.85. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.02. The company has a market cap of $25.59 million, a price-to-earnings ratio of -1.37 and a beta of 2.46. The stock’s 50 day moving average is $0.60 and its 200-day moving average is $1.09.
Armlogi (NASDAQ:BTOC – Get Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.14). Armlogi had a negative return on equity of 62.11% and a negative net margin of 8.72%.The company had revenue of $49.47 million during the quarter, compared to analysts’ expectations of $50.98 million.
Institutional Trading of Armlogi
A hedge fund recently bought a new stake in Armlogi stock. Bank of America Corp DE purchased a new stake in Armlogi Holding Corp. (NASDAQ:BTOC – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,434 shares of the company’s stock, valued at approximately $27,000.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Armlogi in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
Check Out Our Latest Report on Armlogi
About Armlogi
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.