Interlink Electronics, Inc. (NASDAQ:LINK) Short Interest Down 16.9% in March

Interlink Electronics, Inc. (NASDAQ:LINK) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 20,100 shares, a decrease of 16.9% from the February 28th total of 24,200 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average trading volume of 26,000 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Interlink Electronics

Several institutional investors and hedge funds have recently made changes to their positions in LINK. Geode Capital Management LLC raised its holdings in shares of Interlink Electronics by 35.2% in the 4th quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock valued at $259,000 after purchasing an additional 10,827 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in Interlink Electronics during the fourth quarter worth $177,000. Finally, IHT Wealth Management LLC boosted its position in Interlink Electronics by 10.3% during the 4th quarter. IHT Wealth Management LLC now owns 26,978 shares of the technology company’s stock valued at $168,000 after acquiring an additional 2,516 shares in the last quarter. 0.44% of the stock is currently owned by institutional investors.

Interlink Electronics Trading Down 0.6 %

Shares of Interlink Electronics stock traded down $0.04 on Thursday, hitting $6.38. 2,902 shares of the company traded hands, compared to its average volume of 29,827. The company has a market cap of $41.36 million, a PE ratio of 70.89 and a beta of 0.93. The stock’s 50 day moving average price is $7.13 and its 200-day moving average price is $5.80. Interlink Electronics has a 52 week low of $3.25 and a 52 week high of $10.90.

About Interlink Electronics

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.