Arotech Corporation (NASDAQ:ARTX) Shorted Shares Decreased By 34.84%

October 2, 2018 - By Peter Kolinski

Arotech Corporation (NASDAQ:ARTX) Logo

Investors sentiment increased to 2.11 in 2018 Q2. Its up 1.17, from 0.94 in 2018Q1. It improved, as 4 investors sold Arotech Corporation shares while 5 reduced holdings. 9 funds opened positions while 10 raised stakes. 6.82 million shares or 16.49% more from 5.85 million shares in 2018Q1 were reported.
Lincoln National owns 10,119 shares. 83,748 are owned by Blackrock Inc. Susquehanna Ltd Liability Partnership reported 26,457 shares. The Massachusetts-based Acadian Asset Management Limited Liability has invested 0% in Arotech Corporation (NASDAQ:ARTX). Us Commercial Bank De reported 900 shares. 395,615 were reported by Essex Communication Ltd Limited Liability Company. Perritt Cap Mgmt owns 141,056 shares or 0.15% of their US portfolio. Ancora Limited Liability Corporation has 0.04% invested in Arotech Corporation (NASDAQ:ARTX). Chemical National Bank accumulated 12,000 shares. Geode Cap Ltd Liability Corp has 152,556 shares for 0% of their portfolio. Spark Invest Mgmt Llc owns 50,200 shares. Moreover, Wells Fargo Company Mn has 0% invested in Arotech Corporation (NASDAQ:ARTX). 4,696 are held by Barclays Pcl. Millennium Mngmt Ltd accumulated 469,163 shares. Bnp Paribas Arbitrage Sa holds 0% in Arotech Corporation (NASDAQ:ARTX) or 30,000 shares.

Since August 15, 2018, it had 3 buys, and 0 sales for $106,054 activity. Cappell Kenneth W also bought $32,814 worth of Arotech Corporation (NASDAQ:ARTX) shares.

The stock of Arotech Corporation (NASDAQ:ARTX) registered a decrease of 34.84% in short interest. ARTX’s total short interest was 124,000 shares in October as published by FINRA. Its down 34.84% from 190,300 shares, reported previously. With 102,500 shares average volume, it will take short sellers 1 days to cover their ARTX’s short positions. The short interest to Arotech Corporation’s float is 0.56%.

The stock increased 2.45% or $0.08 during the last trading session, reaching $3.34. About 23,404 shares traded. Arotech Corporation (NASDAQ:ARTX) has declined 8.45% since October 2, 2017 and is downtrending. It has underperformed by 24.07% the S&P500.

Arotech Corporation provides defense and security products worldwide. The company has market cap of $87.23 million. The companyÂ’s Training and Simulation division develops, makes, and markets multimedia and interactive digital solutions for engineering, use-of-force training, and operator training of military, law enforcement, security, emergency services, and other personnel. It has a 15.05 P/E ratio. This division offers simulators, systems engineering support, and software products for training vehicle operators to the United States military, government, municipalities, and private industry; weapon simulations used to train military pilots, weapon employment information used in air launched weapons, and part-task simulators to train aircrew; specialized use-of-force training simulators and systems for police, security personnel, and the military under the MILO Range trade name; and consulting and development support services under the Realtime Technologies trade name.

More news for Arotech Corporation (NASDAQ:ARTX) were recently published by: Streetinsider.com, which released: “After-Hours Stock Movers 09/10: (CDMO) (ARTX) (NTNX) Higher; (LMNR) (SONO) (MTRX) Lower (more…)” on September 10, 2018. Seekingalpha.com‘s article titled: “Arotech +6.9% on $10.2M Army simulation work order” and published on September 10, 2018 is yet another important article.

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