Short Interest in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) Rises By 70.5%

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 186,366 shares, a growth of 70.5% from the November 30th total of 109,282 shares. Currently, 6.8% of the shares of the company are short sold. Based on an average daily volume of 35,543 shares, the short-interest ratio is presently 5.2 days. Based on an average daily volume of 35,543 shares, the short-interest ratio is presently 5.2 days. Currently, 6.8% of the shares of the company are short sold.

M-tron Industries Stock Performance

Shares of M-tron Industries stock traded up $0.76 during trading hours on Friday, hitting $51.20. The company’s stock had a trading volume of 17,676 shares, compared to its average volume of 29,747. The company has a market cap of $150.02 million, a PE ratio of 20.90, a PEG ratio of 0.77 and a beta of 0.78. The business has a 50 day moving average price of $52.26 and a two-hundred day moving average price of $48.06. M-tron Industries has a 12-month low of $34.50 and a 12-month high of $61.90.

M-tron Industries (NYSEAMERICAN:MPTI) last released its earnings results on Wednesday, November 12th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.06. The firm had revenue of $14.17 million during the quarter, compared to analysts’ expectations of $13.91 million. M-tron Industries had a return on equity of 21.02% and a net margin of 13.51%. As a group, research analysts anticipate that M-tron Industries will post 2.47 earnings per share for the current year.

Hedge Funds Weigh In On M-tron Industries

Hedge funds have recently modified their holdings of the stock. American Century Companies Inc. grew its stake in M-tron Industries by 16.5% during the first quarter. American Century Companies Inc. now owns 11,418 shares of the company’s stock valued at $509,000 after acquiring an additional 1,621 shares in the last quarter. AlphaQuest LLC bought a new position in shares of M-tron Industries during the 1st quarter valued at about $73,000. OMERS ADMINISTRATION Corp grew its position in shares of M-tron Industries by 50.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 12,300 shares of the company’s stock valued at $548,000 after purchasing an additional 4,100 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of M-tron Industries by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock valued at $435,000 after purchasing an additional 689 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of M-tron Industries by 137.8% in the first quarter. Acadian Asset Management LLC now owns 10,367 shares of the company’s stock worth $459,000 after purchasing an additional 6,008 shares during the last quarter. Hedge funds and other institutional investors own 23.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Atrium Research upgraded M-tron Industries to a “strong-buy” rating in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

M-tron Industries Company Profile

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.