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

Armlogi Holding Corp. (NASDAQ:BTOC) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 484,400 shares, an increase of 19.2% from the February 13th total of 406,300 shares. Based on an average daily volume of 224,800 shares, the days-to-cover ratio is currently 2.2 days. Approximately 4.3% of the company’s shares are short sold.

Institutional Trading of Armlogi

A number of institutional investors have recently bought and sold shares of the company. Squarepoint Ops LLC bought a new position in shares of Armlogi in the 4th quarter worth about $163,000. OMERS ADMINISTRATION Corp acquired a new stake in Armlogi during the fourth quarter worth approximately $158,000. Millennium Management LLC bought a new stake in Armlogi in the fourth quarter worth approximately $88,000. Symmetry Peak Management LLC acquired a new position in Armlogi in the third quarter valued at approximately $90,000. Finally, Bank of America Corp DE bought a new position in shares of Armlogi during the 4th quarter worth approximately $27,000.

Armlogi Price Performance

Shares of Armlogi stock traded down $0.10 during trading on Wednesday, hitting $0.93. The company’s stock had a trading volume of 137,927 shares, compared to its average volume of 207,899. Armlogi has a 52 week low of $0.89 and a 52 week high of $8.74. The stock has a market cap of $38.76 million and a price-to-earnings ratio of -7.75. The stock has a 50-day moving average price of $3.10 and a two-hundred day moving average price of $4.42.

Armlogi (NASDAQ:BTOC) last issued its quarterly earnings results on Friday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. Armlogi had a negative return on equity of 15.30% and a negative net margin of 3.03%. The firm had revenue of $51.14 million during the quarter.

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.