Short Interest in Staffing 360 Solutions, Inc. (NASDAQ:STAF) Decreases By 71.4%

Staffing 360 Solutions, Inc. (NASDAQ:STAF) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 800 shares, a decrease of 71.4% from the September 30th total of 2,800 shares. Based on an average daily volume of 2,210,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are short sold.

Staffing 360 Solutions Price Performance

NASDAQ STAF traded down $0.16 during mid-day trading on Friday, reaching $1.90. 159,507 shares of the stock were exchanged, compared to its average volume of 724,820. The stock has a 50 day simple moving average of $1.74 and a 200-day simple moving average of $2.30. Staffing 360 Solutions has a one year low of $1.08 and a one year high of $6.19. The stock has a market cap of $1.21 million, a P/E ratio of -0.02 and a beta of 0.54.

Staffing 360 Solutions (NASDAQ:STAF) last announced its quarterly earnings data on Monday, August 12th. The business services provider reported ($3.55) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.92) by ($2.63). The firm had revenue of $44.18 million during the quarter, compared to the consensus estimate of $45.81 million. Sell-side analysts anticipate that Staffing 360 Solutions will post -5.87 EPS for the current fiscal year.

Staffing 360 Solutions Company Profile

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. It provides temporary contractors, and permanent placement services. The company focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.