Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Down 7.8% in January

Armlogi Holding Corp. (NASDAQ:BTOC) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 220,000 shares, a decrease of 7.8% from the January 15th total of 238,500 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average daily volume of 295,000 shares, the short-interest ratio is currently 0.7 days.

Armlogi Price Performance

BTOC opened at $3.03 on Wednesday. The company has a market capitalization of $126.29 million and a price-to-earnings ratio of 303.00. The business’s 50-day moving average price is $4.26 and its two-hundred day moving average price is $4.83. Armlogi has a 1 year low of $2.88 and a 1 year high of $8.74.

Armlogi (NASDAQ:BTOC) last announced its earnings results on Friday, February 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. Armlogi had a net margin of 0.02% and a return on equity of 0.11%. The firm had revenue of $51.14 million during the quarter.

Institutional Trading of Armlogi

A number of hedge funds and other institutional investors have recently made changes to their positions in BTOC. Squarepoint Ops LLC bought a new position in Armlogi in the fourth quarter valued at $163,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Armlogi during the 4th quarter worth about $158,000. Millennium Management LLC bought a new position in shares of Armlogi in the 4th quarter valued at about $88,000. Symmetry Peak Management LLC acquired a new stake in shares of Armlogi in the third quarter valued at about $90,000. Finally, Bank of America Corp DE bought a new stake in Armlogi during the fourth quarter worth about $27,000.

About Armlogi

Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.