Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) Short Interest Down 34.6% in January

Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 142,300 shares, a decline of 34.6% from the December 31st total of 217,500 shares. Approximately 6.1% of the company’s stock are sold short. Based on an average trading volume of 207,900 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Art’s-Way Manufacturing

An institutional investor recently bought a new position in Art’s-Way Manufacturing stock. Jane Street Group LLC bought a new stake in shares of Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned about 0.29% of Art’s-Way Manufacturing at the end of the most recent quarter. 2.91% of the stock is owned by institutional investors.

Art’s-Way Manufacturing Stock Down 1.2 %

NASDAQ ARTW traded down $0.02 during mid-day trading on Friday, reaching $1.70. The stock had a trading volume of 6,120 shares, compared to its average volume of 258,477. Art’s-Way Manufacturing has a 1 year low of $1.33 and a 1 year high of $4.15. The company has a fifty day moving average price of $1.78 and a 200 day moving average price of $1.71. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.55 and a quick ratio of 0.37.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Art’s-Way Manufacturing in a report on Wednesday. They issued a “hold” rating for the company.

Art’s-Way Manufacturing Company Profile

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science and agricultural buildings in the United States and internationally. The company operates through Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts.