Short Interest in Bonso Electronics International Inc. (NASDAQ:BNSO) Declines By 17.9%

Bonso Electronics International Inc. (NASDAQ:BNSOGet Rating) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 2,300 shares, a decrease of 17.9% from the March 31st total of 2,800 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 0.4 days.

BNSO stock opened at $2.77 on Wednesday. The firm’s 50-day moving average price is $3.45. Bonso Electronics International has a one year low of $2.61 and a one year high of $9.77. The company has a quick ratio of 1.70, a current ratio of 2.01 and a debt-to-equity ratio of 0.19.

A hedge fund recently raised its stake in Bonso Electronics International stock. Citadel Advisors LLC grew its holdings in shares of Bonso Electronics International Inc. (NASDAQ:BNSOGet Rating) by 28.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,698 shares of the company’s stock after purchasing an additional 3,065 shares during the quarter. Citadel Advisors LLC owned approximately 0.24% of Bonso Electronics International worth $83,000 at the end of the most recent quarter. Institutional investors and hedge funds own 2.57% of the company’s stock.

Bonso Electronics International Company Profile (Get Rating)

Bonso Electronics International Inc designs, develops, produces, and sells electronic sensor-based and wireless products. The company operates in four segments: Scales, Pet Electronic Products, Rental and Management, and Others. The Scales segment provides sensor-based scales products that include bathroom, kitchen, office, jewelry, laboratory, postal, and industrial scales for consumer, commercial, and industrial applications.

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