Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Update
by Teresa Graham · The Cerbat GemArmlogi Holding Corp. (NASDAQ:BTOC – Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 190,209 shares, a decline of 33.1% from the December 31st total of 284,526 shares. Based on an average trading volume of 29,553 shares, the days-to-cover ratio is presently 6.4 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 29,553 shares, the days-to-cover ratio is presently 6.4 days.
Armlogi Price Performance
BTOC stock traded down $0.01 during trading on Friday, hitting $0.49. 31,517 shares of the stock traded hands, compared to its average volume of 23,112. Armlogi has a one year low of $0.41 and a one year high of $4.50. 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 50 day simple moving average of $0.57 and a 200 day simple moving average of $0.91. The stock has a market cap of $22.04 million, a price-to-earnings ratio of -1.18 and a beta of 2.51.
Armlogi (NASDAQ:BTOC – Get Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.14). The firm had revenue of $49.47 million for the quarter, compared to the consensus estimate of $50.98 million. Armlogi had a negative return on equity of 62.11% and a negative net margin of 8.72%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Armlogi in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on Armlogi
Institutional Investors Weigh In On Armlogi
A hedge fund recently raised its stake in Armlogi stock. Millennium Management LLC lifted its position in shares of Armlogi Holding Corp. (NASDAQ:BTOC – Free Report) by 615.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 109,500 shares of the company’s stock after acquiring an additional 94,203 shares during the quarter. Millennium Management LLC owned approximately 0.24% of Armlogi worth $88,000 at the end of the most recent quarter.
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.