Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Up 334.4% in October

Armlogi Holding Corp. (NASDAQ:BTOCGet Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 27,800 shares, an increase of 334.4% from the September 30th total of 6,400 shares. Based on an average daily volume of 199,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the company’s shares are sold short.

Armlogi Trading Down 6.2 %

BTOC stock traded down $0.49 during midday trading on Friday, hitting $7.40. 404,846 shares of the company’s stock were exchanged, compared to its average volume of 143,882. The stock’s fifty day moving average is $4.61. Armlogi has a one year low of $3.27 and a one year high of $8.74.

Armlogi (NASDAQ:BTOCGet Free Report) last released its earnings results on Thursday, September 26th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $45.29 million for the quarter.

About Armlogi

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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.

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