Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Down 18.2% in February

Armlogi Holding Corp. (NASDAQ:BTOC) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 175,858 shares, a decrease of 18.2% from the January 29th total of 215,056 shares. Based on an average daily volume of 36,663 shares, the short-interest ratio is presently 4.8 days. Currently, 1.2% of the shares of the company are sold short. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 36,663 shares, the short-interest ratio is presently 4.8 days.

Armlogi Stock Performance

NASDAQ:BTOC opened at $0.29 on Thursday. The business’s fifty day moving average is $0.46 and its 200 day moving average is $0.72. The firm has a market cap of $13.17 million, a price-to-earnings ratio of -0.64 and a beta of 2.78. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.65 and a current ratio of 0.65. Armlogi has a 52-week low of $0.25 and a 52-week high of $2.07.

Armlogi (NASDAQ:BTOC) last issued its earnings results on Friday, February 13th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.12). Armlogi had a negative return on equity of 80.73% and a negative net margin of 9.81%.The company had revenue of $51.54 million during the quarter, compared to the consensus estimate of $61.37 million.

Institutional Trading of Armlogi

An institutional investor recently raised its position in Armlogi stock. Millennium Management LLC increased its stake in Armlogi Holding Corp. (NASDAQ:BTOC) by 615.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 109,500 shares of the company’s stock after purchasing an additional 94,203 shares during the period. Millennium Management LLC owned approximately 0.24% of Armlogi worth $88,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Armlogi in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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.