Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Update

Armlogi Holding Corp. (NASDAQ:BTOC) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 220,000 shares, a decline of 7.8% from the January 15th total of 238,500 shares. Based on an average daily trading volume, of 295,000 shares, the short-interest ratio is presently 0.7 days. Approximately 2.0% of the shares of the company are short sold.

Armlogi Price Performance

BTOC opened at $3.41 on Tuesday. Armlogi has a fifty-two week low of $3.27 and a fifty-two week high of $8.74. The firm’s fifty day moving average price is $4.30 and its two-hundred day moving average price is $4.84. The company has a market capitalization of $141.92 million and a P/E ratio of 340.50.

Armlogi (NASDAQ:BTOC) last issued its quarterly earnings data on Friday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $51.14 million for the quarter. Armlogi had a net margin of 0.02% and a return on equity of 0.11%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Squarepoint Ops LLC bought a new position in shares of Armlogi during the fourth quarter valued at $163,000. OMERS ADMINISTRATION Corp bought a new position in shares of Armlogi in the fourth quarter valued at about $158,000. Millennium Management LLC bought a new position in shares of Armlogi in the fourth quarter valued at about $88,000. Bank of America Corp DE bought a new position in shares of Armlogi in the fourth quarter valued at about $27,000. Finally, Symmetry Peak Management LLC bought a new position in shares of Armlogi in the third quarter valued at about $90,000.

About Armlogi

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.