Short Interest in Senstar Technologies Ltd. (NASDAQ:SNT) Decreases By 67.3%

Senstar Technologies Ltd. (NASDAQ:SNT – Get Rating) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 1,700 shares, a decline of 67.3% from the April 30th total of 5,200 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Senstar Technologies

Large investors have recently made changes to their positions in the stock. Grace & White Inc. NY lifted its stake in Senstar Technologies by 17.2% in the fourth quarter. Grace & White Inc. NY now owns 1,032,074 shares of the industrial products company’s stock worth $1,300,000 after acquiring an additional 151,095 shares during the period. Wells Fargo & Company MN lifted its stake in Senstar Technologies by 2.3% in the fourth quarter. Wells Fargo & Company MN now owns 492,620 shares of the industrial products company’s stock worth $621,000 after acquiring an additional 11,167 shares during the period. US Bancorp DE lifted its position in shares of Senstar Technologies by 139.3% during the first quarter. US Bancorp DE now owns 182,877 shares of the industrial products company’s stock valued at $481,000 after buying an additional 106,445 shares during the last quarter. Susquehanna International Group LLP lifted its position in shares of Senstar Technologies by 312.8% during the fourth quarter. Susquehanna International Group LLP now owns 73,008 shares of the industrial products company’s stock valued at $92,000 after buying an additional 55,324 shares during the last quarter. Finally, Millennium Management LLC lifted its position in shares of Senstar Technologies by 63.6% during the fourth quarter. Millennium Management LLC now owns 32,868 shares of the industrial products company’s stock valued at $41,000 after buying an additional 12,781 shares during the last quarter. 11.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, TheStreet raised shares of Senstar Technologies from a “d” rating to a “c-” rating in a research note on Wednesday, May 17th.

Senstar Technologies Trading Down 1.2 %

Shares of SNT traded down $0.02 during trading hours on Friday, reaching $1.37. 26,580 shares of the company traded hands, compared to its average volume of 15,603. The firm has a market cap of $31.76 million and a price-to-earnings ratio of 8.06. Senstar Technologies has a 12-month low of $1.21 and a 12-month high of $2.38. The stock’s fifty day moving average price is $1.42 and its 200 day moving average price is $1.39.

Senstar Technologies Company Profile

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Senstar Technologies Ltd. engages in the manufacture and marketing of computerized security systems. It offers perimeter products, including services and maintenance that are performed either on a fixed-price basis or pursuant to time-and-materials based contracts, installs comprehensive turnkey solutions for which revenues are generated from long term fixed price contracts and integrated intelligent video management solutions for security surveillance, and provides business intelligence applications complemented by cyber-security products for monitoring, securing, and the active management of wired, wireless, and fiber optic communication networks.