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

Armlogi Holding Corp. (NASDAQ:BTOC) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 393,531 shares, a decline of 39.5% from the November 30th total of 650,946 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 98,673 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 98,673 shares, the short-interest ratio is presently 4.0 days. Approximately 2.6% of the shares of the stock are sold short.

Armlogi Stock Up 1.2%

Shares of BTOC stock traded up $0.01 during trading hours on Friday, reaching $0.56. 30,228 shares of the company’s stock were exchanged, compared to its average volume of 85,975. Armlogi has a fifty-two week low of $0.41 and a fifty-two week high of $4.85. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.02. The company has a market cap of $25.59 million, a price-to-earnings ratio of -1.37 and a beta of 2.46. The stock’s 50 day moving average is $0.60 and its 200-day moving average is $1.09.

Armlogi (NASDAQ:BTOC) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.14). Armlogi had a negative return on equity of 62.11% and a negative net margin of 8.72%.The company had revenue of $49.47 million during the quarter, compared to analysts’ expectations of $50.98 million.

Institutional Trading of Armlogi

A hedge fund recently bought a new stake in Armlogi stock. Bank of America Corp DE purchased a new stake in Armlogi Holding Corp. (NASDAQ:BTOC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,434 shares of the company’s stock, valued at approximately $27,000.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Armlogi in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

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.