Short Interest in Senstar Technologies Co. (NASDAQ:SNT) Drops By 25.4%

Senstar Technologies Co. (NASDAQ:SNT) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 67,400 shares, a decrease of 25.4% from the May 31st total of 90,300 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 39,500 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Investors Weigh In On Senstar Technologies

An institutional investor recently raised its position in Senstar Technologies stock. Janney Montgomery Scott LLC boosted its stake in Senstar Technologies Co. (NASDAQ:SNT) by 59.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 191,483 shares of the industrial products company’s stock after acquiring an additional 71,285 shares during the period. Janney Montgomery Scott LLC’s holdings in Senstar Technologies were worth $213,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 20.75% of the company’s stock.

Senstar Technologies Stock Up 3.9 %

NASDAQ SNT traded up $0.07 during trading hours on Monday, hitting $1.87. 11,089 shares of the company were exchanged, compared to its average volume of 28,003. The company has a 50 day moving average of $1.51 and a two-hundred day moving average of $1.31. The firm has a market cap of $43.59 million, a price-to-earnings ratio of -62.33 and a beta of 0.82. Senstar Technologies has a 52-week low of $1.08 and a 52-week high of $2.19.

Senstar Technologies (NASDAQ:SNT) last issued its earnings results on Friday, April 19th. The industrial products company reported $0.02 earnings per share for the quarter. Senstar Technologies had a negative net margin of 1.91% and a negative return on equity of 1.78%. The firm had revenue of $8.94 million for the quarter.

Senstar Technologies Company Profile

Senstar Technologies Corporation provides physical, video, and access control security products and solutions worldwide. It offers solutions for critical sites, which leverage its portfolio of perimeter intrusion detection systems, and video management software with intelligent video analytics security solutions, as well as access control products and technologies.