Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Down 27.7% in December

Armlogi Holding Corp. (NASDAQ:BTOC) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 284,526 shares, a decline of 27.7% from the December 15th total of 393,531 shares. Currently, 1.9% of the shares of the company are short sold. Based on an average daily volume of 69,620 shares, the short-interest ratio is presently 4.1 days. Based on an average daily volume of 69,620 shares, the short-interest ratio is presently 4.1 days. Currently, 1.9% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Armlogi in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Armlogi Price Performance

Shares of BTOC opened at $0.50 on Monday. The firm has a market cap of $22.88 million, a PE ratio of -1.23 and a beta of 2.51. Armlogi has a 52-week low of $0.41 and a 52-week high of $4.82. The business’s 50 day moving average price is $0.57 and its two-hundred day moving average price is $0.98. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.73 and a current ratio of 0.73.

Armlogi (NASDAQ:BTOC) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.14). The company had revenue of $49.47 million during the quarter, compared to the consensus estimate of $50.98 million. Armlogi had a negative net margin of 8.72% and a negative return on equity of 62.11%.

Institutional Investors Weigh In On Armlogi

An institutional investor recently bought a new position in Armlogi stock. Bank of America Corp DE acquired a new stake in Armlogi Holding Corp. (NASDAQ:BTOC) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,434 shares of the company’s stock, valued at approximately $27,000.

About Armlogi

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.