Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Up 92.6% in November

Armlogi Holding Corp. (NASDAQ:BTOC) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 70,300 shares, a growth of 92.6% from the October 31st total of 36,500 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 366,900 shares, the short-interest ratio is currently 0.2 days.

Armlogi Price Performance

NASDAQ BTOC traded up $0.05 during trading on Thursday, reaching $6.08. The company’s stock had a trading volume of 420,256 shares, compared to its average volume of 199,754. The stock has a market capitalization of $253.13 million and a PE ratio of 608.00. The firm has a fifty day moving average of $5.49 and a 200 day moving average of $4.98. Armlogi has a one year low of $3.27 and a one year high of $8.74.

Armlogi (NASDAQ:BTOC) last announced its earnings results on Thursday, September 26th. The company reported $0.01 earnings per share for the quarter. Armlogi had a net margin of 0.02% and a return on equity of 0.11%. The business had revenue of $45.29 million for the quarter.

Institutional Trading of Armlogi

A hedge fund recently bought a new stake in Armlogi stock. Symmetry Peak Management LLC purchased a new stake in shares of Armlogi Holding Corp. (NASDAQ:BTOC) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,628 shares of the company’s stock, valued at approximately $90,000.

Armlogi Company Profile

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.