AstroNova, Inc. (NASDAQ:ALOT) Short Interest Update

AstroNova, Inc. (NASDAQ:ALOT) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 9,400 shares, a drop of 55.7% from the May 31st total of 21,200 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the company’s shares are sold short.

AstroNova Trading Up 1.9 %

Shares of ALOT traded up $0.29 during mid-day trading on Friday, reaching $15.44. The company had a trading volume of 20,437 shares, compared to its average volume of 20,607. The stock has a market cap of $115.95 million, a price-to-earnings ratio of 23.39 and a beta of 0.62. The firm has a fifty day simple moving average of $16.97 and a 200-day simple moving average of $17.13. AstroNova has a fifty-two week low of $11.79 and a fifty-two week high of $18.83. The company has a current ratio of 3.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.10.

AstroNova (NASDAQ:ALOT) last announced its quarterly earnings results on Thursday, June 6th. The business services provider reported $0.15 earnings per share for the quarter. The company had revenue of $32.96 million for the quarter. AstroNova had a net margin of 3.45% and a return on equity of 8.52%.

Hedge Funds Weigh In On AstroNova

An institutional investor recently raised its position in AstroNova stock. Vanguard Group Inc. lifted its holdings in shares of AstroNova, Inc. (NASDAQ:ALOT) by 0.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 349,546 shares of the business services provider’s stock after acquiring an additional 2,700 shares during the quarter. Vanguard Group Inc. owned about 4.67% of AstroNova worth $6,229,000 as of its most recent filing with the Securities and Exchange Commission. 43.02% of the stock is currently owned by institutional investors and hedge funds.

AstroNova Company Profile

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).