Alpha Pro Tech, Ltd. (NYSE:APT) Short Interest Down 29.2% in September

Key Points

• Short interest in Alpha Pro Tech, Ltd. decreased by 29.2% in September, with a total of 25,000 shares sold short as of September 15th.
• Director James Buchan sold 9,413 shares of the company's stock on September 9th, representing a 66.51% decrease in his position.
• Institutional investors own 22.69% of Alpha Pro Tech's stock, with several firms recently increasing their stakes in the company.

Alpha Pro Tech, Ltd. (NYSE:APT - ) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 25,000 shares, a decline of 29.2% from the August 31st total of 35,300 shares. Based on an average trading volume of 22,200 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 22,200 shares, the short-interest ratio is presently 1.1 days.

Alpha Pro Tech Trading Up 0.5%

Shares of NYSE APT opened at $4.79 on Monday. The firm has a market capitalization of $50.11 million, a price-to-earnings ratio of 12.93 and a beta of 0.45. Alpha Pro Tech has a one year low of $4.06 and a one year high of $6.20. The business has a fifty day simple moving average of $4.78 and a 200 day simple moving average of $4.67.

Insider Buying and Selling

In other Alpha Pro Tech news, Director James Buchan sold 9,413 shares of the firm's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $4.86, for a total value of $45,747.18. Following the completion of the sale, the director owned 4,740 shares in the company, valued at approximately $23,036.40. This trade represents a 66.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.00% of the stock is currently owned by company insiders.

Institutional Trading of Alpha Pro Tech

Several institutional investors have recently made changes to their positions in the business. Linden Thomas Advisory Services LLC increased its stake in Alpha Pro Tech by 17.1% in the first quarter. Linden Thomas Advisory Services LLC now owns 187,610 shares of the company's stock valued at $938,000 after acquiring an additional 27,457 shares during the period. Inspire Advisors LLC bought a new stake in shares of Alpha Pro Tech in the 2nd quarter valued at approximately $274,000. Jane Street Group LLC acquired a new position in shares of Alpha Pro Tech in the 1st quarter worth approximately $117,000. NewEdge Advisors LLC acquired a new position in shares of Alpha Pro Tech in the 2nd quarter worth approximately $74,000. Finally, James Investment Research Inc. bought a new position in shares of Alpha Pro Tech during the 2nd quarter worth approximately $52,000. 22.69% of the stock is currently owned by institutional investors and hedge funds.

Alpha Pro Tech Company Profile

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.

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