Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Up 92.6% in November

Armlogi Holding Corp. (NASDAQ:BTOC) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 70,300 shares, a growth of 92.6% from the October 31st total of 36,500 shares. Based on an average daily volume of 366,900 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.6% of the shares of the company are sold short.

Armlogi Stock Performance

NASDAQ BTOC traded up $0.05 on Thursday, hitting $6.08. 420,256 shares of the stock traded hands, compared to its average volume of 199,754. The business’s fifty day moving average is $5.49 and its two-hundred day moving average is $4.98. Armlogi has a 12 month low of $3.27 and a 12 month high of $8.74. The firm has a market capitalization of $253.13 million and a price-to-earnings ratio of 608.00.

Armlogi (NASDAQ:BTOC) last announced its quarterly earnings data on Thursday, September 26th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $45.29 million for the quarter. Armlogi had a return on equity of 0.11% and a net margin of 0.02%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Armlogi stock. Symmetry Peak Management LLC purchased a new position in Armlogi Holding Corp. (NASDAQ:BTOC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,628 shares of the company’s stock, valued at approximately $90,000.

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.