Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Up 31.3% in October

Armlogi Holding Corp. (NASDAQ:BTOC) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 36,500 shares, an increase of 31.3% from the October 15th total of 27,800 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 290,600 shares, the short-interest ratio is presently 0.1 days.

Armlogi Stock Up 8.5 %

BTOC traded up $0.46 during trading on Friday, hitting $5.85. 752,005 shares of the stock traded hands, compared to its average volume of 187,731. The company has a 50-day moving average price of $5.19. Armlogi has a 12-month low of $3.27 and a 12-month high of $8.74.

Armlogi (NASDAQ:BTOC) last announced its quarterly earnings results on Thursday, September 26th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $45.29 million for the quarter.

Institutional Investors Weigh In On Armlogi

An institutional investor recently bought a new position in Armlogi stock. Symmetry Peak Management LLC purchased a new position in Armlogi Holding Corp. (NASDAQ:BTOC) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 20,628 shares of the company’s stock, valued at approximately $90,000.

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.