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

Armlogi Holding Corp. (NASDAQ:BTOC) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 220,000 shares, a decrease of 7.8% from the January 15th total of 238,500 shares. Currently, 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 295,000 shares, the days-to-cover ratio is currently 0.7 days.

Armlogi Trading Up 0.1 %

BTOC stock opened at $3.41 on Tuesday. The firm has a 50-day moving average of $4.30 and a two-hundred day moving average of $4.84. The firm has a market capitalization of $141.92 million and a PE ratio of 340.50. Armlogi has a one year low of $3.27 and a one year high of $8.74.

Armlogi (NASDAQ:BTOC) last posted its quarterly earnings results on Friday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $51.14 million during the quarter. Armlogi had a return on equity of 0.11% and a net margin of 0.02%.

Hedge Funds Weigh In On Armlogi

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BTOC. Bank of America Corp DE acquired a new stake in shares of Armlogi in the fourth quarter worth $27,000. Millennium Management LLC acquired a new stake in shares of Armlogi in the fourth quarter worth $88,000. Symmetry Peak Management LLC acquired a new stake in shares of Armlogi in the third quarter worth $90,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Armlogi in the fourth quarter worth $158,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Armlogi in the fourth quarter worth $163,000.

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.