Interlink Electronics, Inc. (NASDAQ:LINK) Sees Significant Growth in Short Interest

Interlink Electronics, Inc. (NASDAQ:LINKGet 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 6,900 shares, a growth of 25.5% from the March 31st total of 5,500 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is presently 1.4 days.

Shares of LINK stock opened at $9.95 on Tuesday. The firm has a 50 day simple moving average of $9.81. The company has a market capitalization of $64.50 million, a PE ratio of 17.73 and a beta of 0.93. Interlink Electronics has a 52-week low of $7.75 and a 52-week high of $13.90.

Separately, TheStreet cut shares of Interlink Electronics from a “c” rating to a “d” rating in a research note on Wednesday, April 20th.

Interlink Electronics Company Profile (Get Rating)

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, and firmware and software into sensor-based products and custom sensor system solutions. Its products comprise sensor components, subassemblies, modules, and products that support cursor control and novel three-dimensional user inputs.

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