REalloys Inc (NASDAQ:ALOY) Short Interest Up 83.7% in April

Key Points

• Short interest rose 83.7% to 1,867,962 shares as of April 15, equal to 4.1% of the stock and a short‑interest ratio of about 1.0 day based on average daily volume.
• REalloys is currently unprofitable with quarterly EPS of ($0.40), negative ROE and net margin, a market cap near $506 million, and a 52‑week range of $2.82–$26.90.
• Analyst views are mixed (one Strong Buy, one Sell, average "Moderate Buy"); insider Gust Kepler sold 62,000 shares (~$799K), insiders own 20.1% of the company and institutions own about 3.58%.

REalloys Inc (NASDAQ:ALOY - Get Free Report) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 1,867,962 shares, a growth of 83.7% from the March 31st total of 1,016,925 shares. Currently, 4.1% of the shares of the stock are short sold. Based on an average daily volume of 1,911,994 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ALOY. Wall Street Zen upgraded shares of REalloys from a "sell" rating to a "hold" rating in a research report on Sunday, March 8th. Clear Str upgraded shares of REalloys to a "strong-buy" rating in a research report on Wednesday, April 8th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of REalloys in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

REalloys Stock Performance

Shares of NASDAQ:ALOY opened at $8.86 on Monday. REalloys has a 52-week low of $2.82 and a 52-week high of $26.90. The firm has a fifty day moving average of $12.81 and a 200 day moving average of $10.54. The firm has a market capitalization of $505.99 million, a PE ratio of -7.57 and a beta of 1.70.

REalloys (NASDAQ:ALOY - Get Free Report) last announced its earnings results on Monday, February 23rd. The company reported ($0.40) earnings per share (EPS) for the quarter. REalloys had a negative return on equity of 96.75% and a negative net margin of 182.07%.The company had revenue of $0.63 million during the quarter.

Insider Activity at REalloys

In other news, insider Gust Kepler sold 62,000 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $12.89, for a total transaction of $799,180.00. Following the completion of the transaction, the insider directly owned 414,218 shares in the company, valued at $5,339,270.02. The trade was a 13.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 20.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. purchased a new stake in REalloys in the fourth quarter worth approximately $741,000. Geode Capital Management LLC grew its position in REalloys by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 26,267 shares of the company's stock valued at $213,000 after acquiring an additional 1,422 shares during the last quarter. Canton Hathaway LLC bought a new position in REalloys during the fourth quarter valued at approximately $95,000. Corient Private Wealth LLC bought a new position in REalloys during the second quarter valued at approximately $62,000. Finally, Pekin Hardy Strauss Inc. bought a new position in REalloys during the fourth quarter valued at approximately $81,000. 3.58% of the stock is currently owned by hedge funds and other institutional investors.

About REalloys

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.

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