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

Arko Corp. (NASDAQ:ARKOW) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 500 shares, a decrease of 66.7% from the September 30th total of 1,500 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 0.1 days.

Arko Stock Performance

ARKOW stock traded down $0.07 during midday trading on Friday, reaching $0.53. The stock had a trading volume of 4,949 shares, compared to its average volume of 14,271. The firm has a fifty day simple moving average of $0.47 and a two-hundred day simple moving average of $0.41. 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.