Armlogi Holding Corp. (NASDAQ:BTOC) Sees Large Increase in Short Interest

Armlogi Holding Corp. (NASDAQ:BTOCGet Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 27,800 shares, a growth of 334.4% from the September 30th total of 6,400 shares. Based on an average daily volume of 199,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are sold short.

Armlogi Stock Down 4.9 %

Shares of NASDAQ BTOC traded down $0.39 during midday trading on Friday, reaching $7.50. 517,386 shares of the company traded hands, compared to its average volume of 144,878. The stock’s 50-day moving average is $4.67. Armlogi has a 52 week low of $3.27 and a 52 week high of $8.74.

Armlogi (NASDAQ:BTOCGet Free Report) last issued its quarterly earnings results on Thursday, September 26th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $45.29 million during the quarter.

About Armlogi

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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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