Astronics Corp. (OTCMKTS:ATROB) Short Interest Update

Astronics Corp. (OTCMKTS:ATROB) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 2,393 shares, a drop of 82.8% from the December 31st total of 13,915 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,839 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 5,839 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Astronics Price Performance

OTCMKTS ATROB traded up $2.40 during mid-day trading on Tuesday, hitting $77.50. The stock had a trading volume of 2,535 shares, compared to its average volume of 1,846. The company has a 50 day simple moving average of $58.99 and a 200 day simple moving average of $47.22. The company has a market cap of $2.76 billion, a price-to-earnings ratio of -861.02 and a beta of 0.97. Astronics has a 52-week low of $16.76 and a 52-week high of $77.60. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 3.07.

Astronics (OTCMKTS:ATROB) last posted its earnings results on Tuesday, November 4th. The aerospace company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. Astronics had a positive return on equity of 29.65% and a negative net margin of 0.37%.The company had revenue of $211.45 million for the quarter, compared to analyst estimates of $212.08 million.

Astronics Company Profile

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.