Senstar Technologies Ltd. (NASDAQ:SNT) Short Interest Up 26.7% in March

Senstar Technologies Ltd. (NASDAQ:SNT) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 15,063 shares, an increase of 26.7% from the February 26th total of 11,892 shares. Based on an average daily trading volume, of 17,327 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Senstar Technologies

Several hedge funds have recently modified their holdings of SNT. Robertson Stephens Wealth Management LLC purchased a new stake in Senstar Technologies in the fourth quarter valued at approximately $98,000. Susquehanna International Group LLP acquired a new position in shares of Senstar Technologies in the 3rd quarter valued at $124,000. Citadel Advisors LLC acquired a new position in shares of Senstar Technologies in the 3rd quarter valued at $238,000. Finally, Hillsdale Investment Management Inc. grew its stake in shares of Senstar Technologies by 49.3% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 66,601 shares of the industrial products company’s stock valued at $332,000 after buying an additional 22,000 shares during the period. 20.75% of the stock is owned by institutional investors and hedge funds.

Senstar Technologies Trading Up 2.7%

NASDAQ SNT opened at $3.03 on Wednesday. The business’s 50-day moving average price is $3.53 and its 200 day moving average price is $4.05. Senstar Technologies has a twelve month low of $2.57 and a twelve month high of $5.34. The company has a market capitalization of $70.69 million, a PE ratio of 15.15 and a beta of 2.90.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Senstar Technologies in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Senstar Technologies to a “hold” rating in a research report on Saturday, December 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Senstar Technologies Company Profile

Senstar Technologies is a global provider of physical security solutions, specializing in perimeter intrusion detection and video security management. The company develops and markets a comprehensive suite of sensors and systems designed to protect critical infrastructure, commercial facilities and government sites from unauthorized access and potential security threats. Its core technology offerings include fiber optic sensing, fence-mounted detectors, microwave barriers and advanced video analytics, which can be deployed independently or fully integrated into existing security frameworks.

Among its flagship products are fiber optic perimeter intrusion detection systems that use optical sensing to detect disturbances along fences or perimeter lines, as well as active infrared and microwave sensors that create virtual detection zones.