Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) Short Interest Update

Key Points

• Espey Mfg. & Electronics Corp. experienced a significant increase in short interest of 31.3% in August, reaching a total of 21,400 shares shorted.
• As of Tuesday, the stock price for Espey Mfg. & Electronics is down 1.2%, trading at $47.39 with a daily volume of 4,186 shares.
• Institutional investors own 36.65% of the company’s stock, with notable increases in holdings from firms like Copeland Capital Management and Citadel Advisors.

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP - ) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totaling 21,400 shares, anincreaseof31.3% from the July 31st total of 16,300 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.7 days. Currently,1.0% of the company's stock are sold short. Currently,1.0% of the company's stock are sold short. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.7 days.

Espey Mfg. & Electronics Stock Down 1.2%

NYSEAMERICAN:ESP traded down $0.56 during trading hours on Tuesday, reaching $47.39. 4,186 shares of the stock were exchanged, compared to its average volume of 21,100. The company's 50 day moving average is $47.20. Espey Mfg. & Electronics has a 52 week low of $22.50 and a 52 week high of $52.68. The firm has a market cap of $134.11 million, a PE ratio of 17.68 and a beta of 0.16.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Copeland Capital Management LLC bought a new position in Espey Mfg. & Electronics during the 1st quarter worth approximately $56,000. Citadel Advisors LLC lifted its holdings in Espey Mfg. & Electronics by 10.0% during the 4th quarter. Citadel Advisors LLC now owns 8,299 shares of the company's stock worth $250,000 after buying an additional 756 shares during the last quarter. Secure Asset Management LLC lifted its holdings in Espey Mfg. & Electronics by 37.9% during the 1st quarter. Secure Asset Management LLC now owns 9,195 shares of the company's stock worth $249,000 after buying an additional 2,528 shares during the last quarter. De Lisle Partners LLP lifted its holdings in Espey Mfg. & Electronics by 11.1% during the 1st quarter. De Lisle Partners LLP now owns 50,023 shares of the company's stock worth $1,351,000 after buying an additional 5,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Espey Mfg. & Electronics by 13.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 101,063 shares of the company's stock worth $3,047,000 after buying an additional 11,743 shares during the last quarter. Institutional investors own 36.65% of the company's stock.

About Espey Mfg. & Electronics

Espey Manufacturing & Electronics Corp. is a power electronics design and original equipment manufacturing company, which engages in developing and delivering products for use in military and severe environment applications. Its products include power supplies, converters, transformers, filters, magnetic components, power distribution equipment, uninterruptible power supply (UPS) systems, and antennas.

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