Staffing 360 Solutions, Inc. (NASDAQ:STAF) Short Interest Update

Staffing 360 Solutions, Inc. (NASDAQ:STAF) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 6,000 shares, a decline of 90.6% from the May 31st total of 63,900 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Staffing 360 Solutions Trading Down 9.5 %

STAF traded down $0.22 during trading on Friday, reaching $2.10. The company had a trading volume of 688,909 shares, compared to its average volume of 16,700. The firm’s 50-day simple moving average is $2.96 and its 200 day simple moving average is $3.28. The company has a market cap of $1.34 million, a price-to-earnings ratio of -0.03 and a beta of 0.60. Staffing 360 Solutions has a 12-month low of $1.91 and a 12-month high of $10.20. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.39 and a current ratio of 0.39.

Institutional Investors Weigh In On Staffing 360 Solutions

A hedge fund recently bought a new stake in Staffing 360 Solutions stock. Armistice Capital LLC acquired a new position in Staffing 360 Solutions, Inc. (NASDAQ:STAF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 358,830 shares of the business services provider’s stock, valued at approximately $244,000. Armistice Capital LLC owned approximately 6.41% of Staffing 360 Solutions as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 15.19% of the company’s stock.

Staffing 360 Solutions Company Profile

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. It provides temporary contractors, and permanent placement services. The company focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.