Astronova Incorporated (NASDAQ:ALOT) Shorted Shares Increased 8.45% After Market Selling


The stock of Astronova Incorporated (NASDAQ:ALOT) registered an increase of 8.45% in short interest. ALOT’s total short interest was 7,700 shares in September as published by FINRA. Its up 8.45% from 7,100 shares, reported previously. With 4,600 shares average volume, it will take short sellers 2 days to cover their ALOT’s short positions. The short interest to Astronova Incorporated’s float is 0.17%. The stock decreased 4.39% or $0.69 on September 13, hitting $15.01. About 206 shares traded hands. AstroNova Inc (NASDAQ:ALOT) has risen 4.67% since February 8, 2016 and is uptrending. It has underperformed by 11.82% the S&P500.

AstroNova, Inc., formerly Astro-Med, Inc., designs, develops, makes and distributes a range of specialty printers, and data acquisition and analysis systems. The company has a market cap of $112.44 million. The Firm operates through two divisions: QuickLabel and Test & Measurement . It has a 25.32 P/E ratio. The Firm offers both hardware and software, which incorporate technologies in order to acquire, store, analyze and present data in multiple formats.

The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.30, from 1.3 in 2016Q1. The ratio dropped, as 4 funds sold all AstroNova Inc shares owned while 8 reduced positions. 3 funds bought stakes while 9 increased positions. They now own 3.33 million shares or 4.37% more from 3.19 million shares in 2016Q1.

Rutabaga Capital Management Llc Ma holds 1.52% of its portfolio in AstroNova Inc for 534,695 shares. Grace & White Inc Ny owns 112,686 shares or 0.39% of their US portfolio. Moreover, Salem Investment Counselors Inc has 0.26% invested in the company for 144,445 shares. The Massachusetts-based Albert D Mason Inc has invested 0.18% in the stock. Ariel Investments Llc, a Illinois-based fund reported 882,174 shares.

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