Interlink Electronics, Inc. (NASDAQ:LINK) Short Interest Update

Interlink Electronics, Inc. (NASDAQ:LINKGet Free Report) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 33,200 shares, a decrease of 15.7% from the November 30th total of 39,400 shares. Based on an average trading volume of 73,000 shares, the short-interest ratio is currently 0.5 days. Currently, 2.0% of the company’s stock are short sold.

Institutional Trading of Interlink Electronics

An institutional investor recently raised its position in Interlink Electronics stock. IHT Wealth Management LLC grew its position in Interlink Electronics, Inc. (NASDAQ:LINKFree Report) by 46.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,462 shares of the technology company’s stock after purchasing an additional 7,706 shares during the quarter. IHT Wealth Management LLC owned about 0.38% of Interlink Electronics worth $89,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.44% of the company’s stock.

Interlink Electronics Price Performance

LINK stock traded up $0.18 during trading hours on Friday, reaching $6.30. The stock had a trading volume of 30,469 shares, compared to its average volume of 25,849. The stock has a 50-day simple moving average of $5.22 and a 200 day simple moving average of $4.38. The stock has a market capitalization of $40.84 million, a PE ratio of 70.00 and a beta of 0.93. Interlink Electronics has a fifty-two week low of $3.25 and a fifty-two week high of $9.33.

Interlink Electronics Company Profile

(Get Free Report)

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.

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