Short Interest in Armlogi Holding Corp. (NASDAQ:BTOC) Expands By 28.3%

Armlogi Holding Corp. (NASDAQ:BTOC) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 90,200 shares, a growth of 28.3% from the November 15th total of 70,300 shares. Based on an average daily trading volume, of 408,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.8% of the company’s shares are short sold.

Armlogi Stock Up 3.7 %

BTOC traded up $0.20 during trading on Friday, reaching $5.55. The company had a trading volume of 169,022 shares, compared to its average volume of 205,348. Armlogi has a 52 week low of $3.27 and a 52 week high of $8.74. The stock has a market cap of $231.07 million and a P/E ratio of 555.00. The business has a 50 day simple moving average of $5.77 and a 200-day simple moving average of $5.04.

Armlogi (NASDAQ:BTOC) last released its earnings results on Thursday, September 26th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $45.29 million during the quarter. Armlogi had a net margin of 0.02% and a return on equity of 0.11%.

Institutional Trading of Armlogi

A hedge fund recently bought a new stake in Armlogi stock. Symmetry Peak Management LLC purchased a new position in Armlogi Holding Corp. (NASDAQ:BTOC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,628 shares of the company’s stock, valued at approximately $90,000.

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.