Steel Connect (STCN) News Today

Wealthspire Advisors LLC acquired a new stake in Steel Connect, Inc. (NASDAQ:STCN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 315,226 shares of the technology company's stock, valued at approximately

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 47,400 shares, a growth of 24.4% from the May 31st total of 38,100 shares. Approximately 0.2% of the company's shares are short sold. Based on an average trading volume of 14,800 shares, the short-interest ratio is currently 3.2 days.

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) Director Steel Partners Holdings L.P. purchased 7,434 shares of the stock in a transaction dated Monday, June 10th. The shares were purchased at an average price of $11.26 per share, with a total value of $83,706.84. Following the transaction, the director now directly owns 1,087,180 shares of the company's stock, valued at approximately $12,241,646.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) Director Steel Partners Holdings L.P. acquired 1,323 shares of the company's stock in a transaction that occurred on Wednesday, June 5th. The stock was acquired at an average cost of $10.50 per share, for a total transaction of $13,891.50. Following the acquisition, the director now owns 1,079,746 shares of the company's stock, valued at approximately $11,337,333. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 34,800 shares, a decrease of 22.8% from the April 30th total of 45,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is currently 2.9 days.

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 45,100 shares, an increase of 103.2% from the April 15th total of 22,200 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is presently 3.9 days.

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) Director Steel Partners Holdings L.P. acquired 701,246 shares of the firm's stock in a transaction that occurred on Thursday, April 18th. The shares were purchased at an average cost of $9.83 per share, with a total value of $6,893,248.18. Following the completion of the acquisition, the director now owns 813,097 shares in the company, valued at approximately $7,992,743.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Steel Connect, Inc. (NASDAQ:STCN - Get Free Report) Director Steel Partners Holdings L.P. purchased 18,605 shares of Steel Connect stock in a transaction that occurred on Wednesday, April 10th. The stock was acquired at an average price of $8.93 per share, for a total transaction of $166,142.65. Following the transaction, the director now directly owns 88,147 shares of the company's stock, valued at approximately $787,152.71. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Steel Connect (NASDAQ:STCN) Stock Passes Below 200-Day Moving Average of $9.76