Arko Corp. (NASDAQ:ARKOW) Sees Significant Decline in Short Interest

Arko Corp. (NASDAQ:ARKOW) was the target of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, a decline of 34.1% from the November 15th total of 4,100 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is currently 0.4 days.

Arko Price Performance

NASDAQ ARKOW traded up $0.02 on Friday, hitting $0.47. The stock had a trading volume of 28,800 shares, compared to its average volume of 14,625. The business’s fifty day moving average price is $0.53 and its 200 day moving average price is $0.47. Arko has a 52-week low of $0.05 and a 52-week high of $1.25.

About Arko

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.