Interlink Electronics, Inc. (NASDAQ:LINK) Stock Short Interest Falls 38.1%

Interlink Electronics, Inc. (NASDAQ:LINK – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 26,955 shares, a drop of 38.1% from the September 30th total of 43,556 shares. Based on an average trading volume of 32,567 shares, the short-interest ratio is currently 0.8 days. Currently, 0.8% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Interlink Electronics in a research note on Tuesday, September 8th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Analysis on Interlink Electronics

Interlink Electronics Price Performance

Interlink Electronics stock traded down $0.03 during trading hours on Monday, hitting $3.76. The company had a trading volume of 18,581 shares, compared to its average volume of 52,625. The firm has a market cap of $59.23 million and a PE ratio of -53.71. Interlink Electronics has a one year low of $2.66 and a one year high of $6.50. The firm has a 50-day moving average of $5.06 and a 200 day moving average of $4.17.

Interlink Electronics (NASDAQ:LINK – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The technology company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.05. The company had revenue of $3.77 million during the quarter, compared to analysts’ expectations of $3.10 million. Interlink Electronics had a negative return on equity of 12.38% and a negative net margin of 8.95%.

About Interlink Electronics

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Interlink Electronics, Inc develops and supplies human-machine interface and sensor technologies that enable users and equipment to detect touch, force, pressure, and other forms of physical interaction. Its products are designed to connect people with electronic systems and are used in applications that require compact, reliable, and customizable sensing solutions.

The company’s offerings include force-sensing resistors, touch and pressure sensors, sensor arrays, control panels, and related interface components.

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