Enerpac Tool Group Corp. (NYSE:EPAC) Short Interest Update

Enerpac Tool Group Corp. (NYSE:EPAC - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 457,900 shares, a decrease of 13.9% from the March 15th total of 532,000 shares. Based on an average daily volume of 271,900 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the company's stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. State of Wyoming bought a new position in shares of Enerpac Tool Group during the 4th quarter worth $31,000. GAMMA Investing LLC lifted its holdings in Enerpac Tool Group by 90.1% during the 1st quarter. GAMMA Investing LLC now owns 937 shares of the company's stock worth $33,000 after purchasing an additional 444 shares in the last quarter. US Bancorp DE lifted its holdings in Enerpac Tool Group by 808.7% during the 1st quarter. US Bancorp DE now owns 1,563 shares of the company's stock worth $34,000 after purchasing an additional 1,391 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Enerpac Tool Group by 61.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,727 shares of the company's stock worth $47,000 after purchasing an additional 657 shares in the last quarter. Finally, West Tower Group LLC purchased a new stake in Enerpac Tool Group during the 4th quarter worth about $47,000. Institutional investors own 97.70% of the company's stock.

Enerpac Tool Group Stock Down 0.8 %

Shares of NYSE:EPAC traded down $0.28 during trading on Friday, reaching $35.04. 247,933 shares of the stock were exchanged, compared to its average volume of 363,890. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.11 and a quick ratio of 2.41. Enerpac Tool Group has a 1-year low of $22.94 and a 1-year high of $35.92. The stock has a fifty day moving average of $33.75 and a two-hundred day moving average of $30.67. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 27.59 and a beta of 1.21.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last announced its quarterly earnings results on Thursday, March 21st. The company reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. Enerpac Tool Group had a return on equity of 26.38% and a net margin of 11.75%. The business had revenue of $138.44 million during the quarter, compared to the consensus estimate of $141.10 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. Research analysts anticipate that Enerpac Tool Group will post 1.75 earnings per share for the current fiscal year.

About Enerpac Tool Group

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.