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

Armlogi Holding Corp. (NASDAQ:BTOC) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 36,500 shares, a growth of 31.3% from the October 15th total of 27,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 290,600 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Armlogi

A hedge fund recently bought a new stake in Armlogi stock. Symmetry Peak Management LLC purchased a new position in shares of Armlogi Holding Corp. (NASDAQ:BTOC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 20,628 shares of the company’s stock, valued at approximately $90,000.

Armlogi Price Performance

Shares of Armlogi stock traded up $0.46 during trading on Friday, hitting $5.85. 741,766 shares of the company’s stock were exchanged, compared to its average volume of 187,731. Armlogi has a 52-week low of $3.27 and a 52-week high of $8.74. The firm’s 50-day simple moving average is $5.15.

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

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.