Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Update

Armlogi Holding Corp. (NASDAQ:BTOC) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 190,209 shares, a decrease of 33.1% from the December 31st total of 284,526 shares. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily volume of 29,553 shares, the days-to-cover ratio is presently 6.4 days. Based on an average daily volume of 29,553 shares, the days-to-cover ratio is presently 6.4 days. Approximately 1.3% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Armlogi in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Armlogi stock. Bank of America Corp DE bought a new position in shares of Armlogi Holding Corp. (NASDAQ:BTOC) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 6,434 shares of the company’s stock, valued at approximately $27,000.

Armlogi Trading Down 2.0%

Shares of Armlogi stock traded down $0.01 on Friday, hitting $0.49. The stock had a trading volume of 31,517 shares, compared to its average volume of 22,740. The stock has a 50 day moving average of $0.57 and a 200 day moving average of $0.92. The firm has a market capitalization of $22.04 million, a P/E ratio of -1.18 and a beta of 2.51. Armlogi has a twelve month low of $0.41 and a twelve month high of $4.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.73 and a current ratio of 0.73.

Armlogi (NASDAQ:BTOC) last posted its earnings results 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 business 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%.

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.