iRobot Co. (NASDAQ:IRBT) Short Interest Update

iRobot Co. (NASDAQ:IRBT) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,180,000 shares, an increase of 31.8% from the February 13th total of 3,930,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the short-interest ratio is presently 2.8 days. Approximately 18.1% of the company’s stock are short sold.

iRobot Stock Up 20.9 %

Shares of NASDAQ:IRBT opened at $3.70 on Monday. The stock has a market capitalization of $113.07 million, a price-to-earnings ratio of -0.80 and a beta of 0.87. iRobot has a 1-year low of $2.99 and a 1-year high of $14.51. The company’s fifty day moving average is $8.17 and its two-hundred day moving average is $7.95. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.94 and a current ratio of 1.45.

Analyst Ratings Changes

A number of brokerages have weighed in on IRBT. StockNews.com cut shares of iRobot from a “hold” rating to a “sell” rating in a report on Saturday, January 25th. Needham & Company LLC reissued a “hold” rating on shares of iRobot in a report on Thursday.

Institutional Trading of iRobot

Institutional investors and hedge funds have recently modified their holdings of the business. Marathon Trading Investment Management LLC acquired a new stake in shares of iRobot in the 3rd quarter worth about $117,000. Quest Partners LLC increased its holdings in shares of iRobot by 39.8% in the 3rd quarter. Quest Partners LLC now owns 11,546 shares of the industrial products company’s stock worth $100,000 after acquiring an additional 3,285 shares during the period. Quantbot Technologies LP acquired a new stake in shares of iRobot in the 3rd quarter worth about $213,000. BNP Paribas Financial Markets increased its holdings in shares of iRobot by 37.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 21,141 shares of the industrial products company’s stock worth $184,000 after acquiring an additional 5,709 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in shares of iRobot in the 3rd quarter worth about $1,556,000. 77.42% of the stock is owned by institutional investors and hedge funds.

iRobot Company Profile

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services.