Alarum Technologies Ltd. (NASDAQ:ALAR) Short Interest Update

Alarum Technologies Ltd. (NASDAQ:ALAR) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 189,400 shares, a decrease of 8.9% from the March 15th total of 207,900 shares. Based on an average trading volume of 229,800 shares, the short-interest ratio is presently 0.8 days. Approximately 3.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Alarum Technologies

Hedge funds have recently bought and sold shares of the company. Cantor Fitzgerald L. P. bought a new stake in shares of Alarum Technologies in the fourth quarter valued at about $1,190,000. Renaissance Technologies LLC bought a new position in Alarum Technologies during the second quarter worth about $34,000. Finally, Rhumbline Advisers lifted its stake in Alarum Technologies by 143.0% during the third quarter. Rhumbline Advisers now owns 11,627 shares of the company’s stock worth $39,000 after purchasing an additional 6,843 shares during the period. 3.23% of the stock is currently owned by institutional investors.

Alarum Technologies Trading Down 0.0 %

Shares of ALAR traded down $0.01 during mid-day trading on Tuesday, reaching $23.92. The company’s stock had a trading volume of 102,776 shares, compared to its average volume of 252,372. The business has a fifty day moving average of $18.16 and a 200 day moving average of $10.33. Alarum Technologies has a 1 year low of $1.85 and a 1 year high of $29.95. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.39 and a quick ratio of 2.39.

Alarum Technologies (NASDAQ:ALAR) last posted its quarterly earnings results on Thursday, March 14th. The company reported $0.30 earnings per share for the quarter. Alarum Technologies had a negative net margin of 20.83% and a positive return on equity of 6.52%. The business had revenue of $7.11 million for the quarter.

Analyst Ratings Changes

Separately, Alliance Global Partners increased their price objective on Alarum Technologies from $10.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, March 14th.

About Alarum Technologies

Alarum Technologies Ltd. provides cybersecurity and privacy solutions to consumers and enterprises in Israel, the United States, the Middle East, the United Kingdom, the British Virgin Islands, the Asia Pacific, and internationally. The company operates through three segments: Enterprise Cybersecurity, Enterprise Internet Access, and Consumer Internet Access.