Senstar Technologies Ltd. (NASDAQ:SNT) Sees Significant Growth in Short Interest

Senstar Technologies Ltd. (NASDAQ:SNT) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,239 shares, an increase of 239.4% from the September 15th total of 1,249 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 14,661 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Senstar Technologies stock. Two Sigma Securities LLC bought a new stake in Senstar Technologies Ltd. (NASDAQ:SNT) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 17,165 shares of the industrial products company’s stock, valued at approximately $33,000. Two Sigma Securities LLC owned approximately 0.07% of Senstar Technologies as of its most recent SEC filing. Institutional investors own 20.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Senstar Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Senstar Technologies presently has a consensus rating of “Sell”.

Senstar Technologies Stock Performance

SNT traded down $0.07 on Tuesday, hitting $1.45. The company had a trading volume of 10,842 shares, compared to its average volume of 30,029. The stock has a market capitalization of $33.83 million, a price-to-earnings ratio of 72.54 and a beta of 2.30. The stock has a fifty day moving average price of $1.68 and a 200-day moving average price of $2.17. Senstar Technologies has a 12-month low of $1.42 and a 12-month high of $5.34.

Senstar Technologies (NASDAQ:SNT) last released its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $0.02 EPS for the quarter. Senstar Technologies had a net margin of 1.34% and a return on equity of 1.16%. The business had revenue of $10.45 million during the quarter.

Senstar Technologies Company Profile

Senstar Technologies Corporation, formerly known as Magal Security Systems Ltd., develops and supplies physical security solutions for protecting facilities, perimeters and critical infrastructure. Its offerings are designed to help organizations detect, assess and respond to security threats across sites such as utilities, transportation facilities, correctional institutions, airports, government properties and industrial locations.

The company’s product portfolio includes perimeter intrusion detection systems, video management and analytics software, security sensors, access control solutions and integrated command-and-control platforms.