Armlogi Holding Corp. (NASDAQ:BTOC) Short Interest Update

Armlogi Holding Corp. (NASDAQ:BTOC - Get Free Report) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 177,600 shares, a decrease of 63.5% from the May 15th total of 486,900 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 82,700 shares, the days-to-cover ratio is presently 2.1 days.

Armlogi Stock Up 2.7%

NASDAQ BTOC traded up $0.04 during trading hours on Monday, hitting $1.51. 35,751 shares of the company were exchanged, compared to its average volume of 183,614. The stock has a market cap of $63.59 million and a PE ratio of -12.58. The stock has a 50-day moving average price of $1.27 and a 200 day moving average price of $2.59. Armlogi has a 52 week low of $0.80 and a 52 week high of $8.74.

Armlogi (NASDAQ:BTOC - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.09) earnings per share for the quarter. Armlogi had a negative net margin of 3.03% and a negative return on equity of 15.30%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Bank of America Corp DE purchased a new stake in Armlogi in the fourth quarter worth about $27,000. Millennium Management LLC acquired a new stake in Armlogi in the fourth quarter valued at approximately $88,000. OMERS ADMINISTRATION Corp purchased a new position in Armlogi in the fourth quarter worth $158,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Armlogi during the 4th quarter valued at $163,000.

Armlogi Company Profile

Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.