Senstar Technologies Ltd. (NASDAQ:SNT) Short Interest Update

Key Points

• Senstar Technologies Ltd. experienced a significant increase in short interest, rising by 101.1% from 36,300 shares to 73,000 shares as of July 31st.
• The company's stock has shown a 0.9% increase in trading, with a current price of $4.29, while its market cap stands at approximately $100.09 million.
• Geode Capital Management LLC has increased its holdings in Senstar Technologies by 27.3%, owning 15,517 shares after acquiring an additional 3,329 shares during the last reporting period.

Senstar Technologies Ltd. (NASDAQ:SNT - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 73,000 shares, agrowthof101.1% from the July 15th total of 36,300 shares. Based on an average trading volume of 76,400 shares, the short-interest ratio is currently 1.0 days. Currently,0.5% of the company's stock are sold short. Currently,0.5% of the company's stock are sold short. Based on an average trading volume of 76,400 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Senstar Technologies

An institutional investor recently raised its position in Senstar Technologies stock. Geode Capital Management LLC boosted its stake in Senstar Technologies Ltd. (NASDAQ:SNT - Free Report) by 27.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 15,517 shares of the industrial products company's stock after purchasing an additional 3,329 shares during the period. Geode Capital Management LLC owned about 0.07% of Senstar Technologies worth $53,000 at the end of the most recent quarter. 20.75% of the stock is owned by institutional investors and hedge funds.

Senstar Technologies Stock Down 0.6%

SNT traded down $0.0250 during mid-day trading on Friday, reaching $4.3250. 16,908 shares of the company traded hands, compared to its average volume of 49,459. The stock has a market capitalization of $100.89 million, a P/E ratio of 22.76 and a beta of 1.73. The company's fifty day moving average price is $4.46 and its 200-day moving average price is $3.84. Senstar Technologies has a 52-week low of $1.40 and a 52-week high of $5.04.

Senstar Technologies (NASDAQ:SNT - Get Free Report) last issued its quarterly earnings results on Tuesday, May 27th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $8.45 million during the quarter. Senstar Technologies had a return on equity of 11.69% and a net margin of 12.00%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Senstar Technologies to a "hold" rating in a research report on Saturday, July 12th.

Senstar Technologies Company Profile

Senstar Technologies Corporation provides physical, video, and access control security products and solutions worldwide. It offers solutions for critical sites, which leverage its portfolio of perimeter intrusion detection systems, and video management software with intelligent video analytics security solutions, as well as access control products and technologies.