Short Interest in Armlogi Holding Corp. (NASDAQ:BTOC) Expands By 19.2%

Armlogi Holding Corp. (NASDAQ:BTOC) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 484,400 shares, a growth of 19.2% from the February 13th total of 406,300 shares. Based on an average trading volume of 224,800 shares, the days-to-cover ratio is presently 2.2 days. Approximately 4.3% of the shares of the company are sold short.

Armlogi Stock Performance

BTOC traded down $0.06 during trading hours on Tuesday, reaching $1.04. The company’s stock had a trading volume of 33,567 shares, compared to its average volume of 211,827. The company’s 50-day moving average is $3.17 and its 200-day moving average is $4.45. Armlogi has a 52 week low of $0.89 and a 52 week high of $8.74. The firm has a market cap of $43.34 million and a PE ratio of -8.67.

Armlogi (NASDAQ:BTOC) last issued its quarterly earnings data on Friday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $51.14 million for the quarter. Armlogi had a negative return on equity of 15.30% and a negative net margin of 3.03%.

Institutional Trading of Armlogi

Institutional investors have recently added to or reduced their stakes in the company. Symmetry Peak Management LLC acquired a new stake in shares of Armlogi in the third quarter valued at approximately $90,000. Bank of America Corp DE acquired a new stake in shares of Armlogi during the 4th quarter worth $27,000. Millennium Management LLC bought a new position in shares of Armlogi in the fourth quarter worth $88,000. Squarepoint Ops LLC acquired a new stake in Armlogi during the fourth quarter worth about $163,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Armlogi in the 4th quarter valued at about $158,000.

Armlogi Company Profile

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.