ARC Document Solutions, Inc. (NYSE:ARC) Short Interest Up 14.5% in July

ARC Document Solutions, Inc. (NYSE:ARC) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 32,400 shares, an increase of 14.5% from the July 15th total of 28,300 shares. Based on an average daily trading volume, of 105,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. North Star Investment Management Corp. grew its holdings in ARC Document Solutions by 36.5% during the 1st quarter. North Star Investment Management Corp. now owns 1,494,828 shares of the business services provider’s stock valued at $4,141,000 after buying an additional 400,000 shares in the last quarter. Thompson Davis & CO. Inc. grew its holdings in shares of ARC Document Solutions by 28.6% in the fourth quarter. Thompson Davis & CO. Inc. now owns 556,585 shares of the business services provider’s stock valued at $1,826,000 after purchasing an additional 123,900 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of ARC Document Solutions by 5.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,550,606 shares of the business services provider’s stock valued at $4,094,000 after purchasing an additional 83,795 shares in the last quarter. First Eagle Investment Management LLC raised its stake in ARC Document Solutions by 62.0% during the second quarter. First Eagle Investment Management LLC now owns 218,673 shares of the business services provider’s stock valued at $577,000 after purchasing an additional 83,708 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in ARC Document Solutions by 1.7% during the second quarter. Renaissance Technologies LLC now owns 2,858,142 shares of the business services provider’s stock valued at $7,545,000 after purchasing an additional 48,245 shares during the last quarter. Hedge funds and other institutional investors own 48.93% of the company’s stock.

ARC Document Solutions Price Performance

Shares of ARC stock remained flat at $2.96 during mid-day trading on Friday. 48,818 shares of the stock traded hands, compared to its average volume of 123,129. The stock has a market capitalization of $127.81 million, a P/E ratio of 14.80, a P/E/G ratio of 1.05 and a beta of 1.17. The company has a 50-day simple moving average of $2.89 and a 200 day simple moving average of $2.77. ARC Document Solutions has a 1 year low of $2.56 and a 1 year high of $3.52. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.56 and a quick ratio of 1.42.

ARC Document Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 6.76%. The ex-dividend date is Thursday, October 31st. ARC Document Solutions’s dividend payout ratio (DPR) is presently 100.00%.

About ARC Document Solutions

ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.