The stock of Alarmcom Holdings Incorporated (NASDAQ:ALRM) registered a decrease of 15.13% in short interest. ALRM’s total short interest was 2.34 million shares in September as published by FINRA. Its down 15.13% from 2.75 million shares, reported previously. With 480,000 shares average volume, it will take short sellers 5 days to cover their ALRM’s short positions. The short interest to Alarmcom Holdings Incorporated’s float is 17.5%. The stock decreased 1.90% or $0.48 during the last trading session, hitting $24.72. About 462,190 shares traded hands or 30.18% up from the average. AlarmCom Hldg Inc (NASDAQ:ALRM) has risen 74.27% since February 8, 2016 and is uptrending. It has outperformed by 57.79% the S&P500.
Alarm.com Holdings, Inc. is a platform solution for the connected home. The company has a market cap of $1.14 billion. The Company, through its cloud services, makes connected home technology accessible to millions of home and business owners. It has a 106.29 P/E ratio. The Firm operates through two divisions: Alarm.com and Other.
Out of 6 analysts covering Alarm.com Holdings (NASDAQ:ALRM), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Alarm.com Holdings has been the topic of 9 analyst reports since February 26, 2016 according to StockzIntelligence Inc. Imperial Capital maintained the stock on August 17 with “In-Line” rating.
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