Track Group, Inc. (OTCMKTS:TRCK) Sees Significant Growth in Short Interest

Track Group, Inc. (OTCMKTS:TRCK) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,500 shares, a growth of 118.8% from the March 15th total of 1,600 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 9,200 shares, the short-interest ratio is presently 0.4 days.

Track Group Trading Down 8.7 %

Shares of TRCK opened at $0.21 on Wednesday. Track Group has a 12 month low of $0.01 and a 12 month high of $0.35. The stock has a fifty day moving average price of $0.22 and a 200-day moving average price of $0.17. The firm has a market cap of $2.49 million, a PE ratio of -0.49 and a beta of 0.87.

Track Group (OTCMKTS:TRCK) last released its quarterly earnings results on Friday, February 7th. The company reported ($0.17) EPS for the quarter. Track Group had a negative net margin of 13.92% and a negative return on equity of 26.01%.

Track Group Company Profile

Track Group, Inc, together with its subsidiaries, designs, manufactures, and markets location tracking devices in the United States, Latin America, and internationally. The company's products include ReliAlert XC4, a GPS monitoring device; and ReliAlert XC 3, which enables agencies to track offender movements and communicate directly with offenders in real-time through on-board two/three-way voice communication technology.