Interlink Electronics, Inc. (NASDAQ:LINK) Stock Short Interest Report for September

Interlink Electronics, Inc. (NASDAQ:LINK) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 43,556 shares, a growth of 88.0% from the September 15th total of 23,167 shares. Based on an average trading volume of 65,213 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.2% of the company’s stock are sold short.

Interlink Electronics Stock Up 0.7%

Shares of Interlink Electronics stock traded up $0.03 during trading on Friday, reaching $4.16. The company’s stock had a trading volume of 12,131 shares, compared to its average volume of 54,399. The company has a market cap of $65.52 million and a price-to-earnings ratio of -59.42. Interlink Electronics has a 1-year low of $2.66 and a 1-year high of $6.89. The company has a 50-day simple moving average of $5.34 and a two-hundred day simple moving average of $4.49.

Interlink Electronics (NASDAQ:LINK) last issued its quarterly earnings results on Thursday, August 13th. The technology company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.05. The business had revenue of $3.77 million for the quarter, compared to analyst estimates of $3.10 million. Interlink Electronics had a negative return on equity of 12.38% and a negative net margin of 8.95%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Interlink Electronics in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About Interlink Electronics

Interlink Electronics, Inc is a technology company that develops and supplies sensor and human-machine interface solutions. Its portfolio is built around force-sensing resistor technology, which detects changes in pressure or applied force and can be incorporated into electronic controls, switches and touch interfaces.

The company offers standard and customized sensors, touch and control panels, embedded sensing components, and related interface technologies. Its products are designed for applications including industrial equipment, medical devices, automotive systems, consumer electronics, aerospace and defense equipment, and other products requiring user input or pressure detection.

Founded in 1985, Interlink Electronics serves original equipment manufacturers and other customers in North America, Europe and Asia through direct sales and distribution relationships.