Interlink Electronics, Inc. (NASDAQ:LINK) Short Interest Up 24.7% in December

Interlink Electronics, Inc. (NASDAQ:LINK) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 41,400 shares, an increase of 24.7% from the December 15th total of 33,200 shares. Currently, 2.5% of the company’s shares are sold short. Based on an average trading volume of 74,600 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Interlink Electronics stock. IHT Wealth Management LLC boosted its stake in Interlink Electronics, Inc. (NASDAQ:LINK) by 46.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,462 shares of the technology company’s stock after acquiring an additional 7,706 shares during the quarter. IHT Wealth Management LLC owned 0.38% of Interlink Electronics worth $89,000 as of its most recent SEC filing. 0.44% of the stock is owned by institutional investors.

Interlink Electronics Price Performance

Shares of Interlink Electronics stock traded up $1.07 during trading hours on Friday, hitting $7.47. The company’s stock had a trading volume of 28,391 shares, compared to its average volume of 18,123. The company has a market capitalization of $48.42 million, a PE ratio of 83.00 and a beta of 0.93. The stock has a 50 day moving average of $5.74 and a 200 day moving average of $4.63. Interlink Electronics has a 12 month low of $3.25 and a 12 month high of $9.33.

Interlink Electronics Company Profile

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.