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 target of a large growth in short interest in July. As of July 31st, there was short interest totaling 73,000 shares, agrowthof101.1% from the July 15th total of 36,300 shares. Currently,0.5% of the shares of the stock are short sold. Based on an average daily volume of 76,400 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 76,400 shares, the days-to-cover ratio is presently 1.0 days. Currently,0.5% of the shares of the stock are short sold.

Senstar Technologies Trading Up 0.9%

NASDAQ SNT opened at $4.29 on Friday. The stock's 50-day moving average price is $4.42 and its two-hundred day moving average price is $3.82. The company has a market cap of $100.09 million, a PE ratio of 22.58 and a beta of 1.73. Senstar Technologies has a 1 year low of $1.40 and a 1 year high of $5.04.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Senstar Technologies stock. Geode Capital Management LLC lifted its holdings in shares of Senstar Technologies Ltd. (NASDAQ:SNT - Free Report) by 27.3% during the 4th quarter, according to its most recent disclosure 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 0.07% of Senstar Technologies worth $53,000 at the end of the most recent reporting period. 20.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of 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.

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