Autoscope Technologies Co. (NASDAQ:AATC) Sees Large Growth in Short Interest

Autoscope Technologies Co. (NASDAQ:AATC – Get Rating) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 9,900 shares, a growth of 22.2% from the March 31st total of 8,100 shares. Based on an average trading volume of 19,100 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Shares of NASDAQ:AATC opened at $6.46 on Tuesday. The company has a market capitalization of $34.75 million, a PE ratio of 15.38 and a beta of 0.99. Autoscope Technologies has a 1 year low of $5.06 and a 1 year high of $11.58. The stock has a fifty day simple moving average of $6.56. The company has a debt-to-equity ratio of 0.08, a current ratio of 13.77 and a quick ratio of 12.18.

Autoscope Technologies (NASDAQ:AATC – Get Rating) last issued its quarterly earnings data on Tuesday, March 22nd. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $3.20 million during the quarter. Autoscope Technologies had a return on equity of 11.26% and a net margin of 17.33%.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 28th. Investors of record on Monday, February 21st were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date of this dividend was Thursday, February 17th. Autoscope Technologies’s dividend payout ratio is presently 114.29%.

Large investors have recently modified their holdings of the stock. Renaissance Technologies LLC bought a new stake in Autoscope Technologies during the third quarter valued at about $1,829,000. BlackRock Inc. bought a new stake in Autoscope Technologies during the third quarter valued at about $1,364,000. Two Sigma Advisers LP bought a new stake in Autoscope Technologies during the third quarter valued at about $668,000. Two Sigma Investments LP bought a new stake in Autoscope Technologies during the third quarter valued at about $555,000. Finally, Dimensional Fund Advisors LP bought a new stake in Autoscope Technologies during the third quarter valued at about $482,000. Hedge funds and other institutional investors own 18.37% of the company’s stock.

Autoscope Technologies Company Profile (Get Rating)

Autoscope Technologies Corporation develops and markets video and radar processing products for use in intersection control, highway, bridge and tunnel traffic management, and traffic data collection applications in the Asia Pacific, Europe, the Middle East, and North America. It operates in two segments, Intersection and Highway.

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