Short Interest in Autoscope Technologies Co. (NASDAQ:AATC) Expands By 174.7%

Autoscope Technologies Co. (NASDAQ:AATC – Get Rating) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 27,200 shares, an increase of 174.7% from the April 15th total of 9,900 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is currently 1.9 days.

AATC stock opened at $5.84 on Thursday. The firm has a market cap of $31.41 million, a price-to-earnings ratio of 13.90 and a beta of 0.90. The firm has a 50-day simple moving average of $6.50 and a two-hundred day simple moving average of $6.62. Autoscope Technologies has a one year low of $5.06 and a one year high of $9.36. The company has a debt-to-equity ratio of 0.08, a quick ratio of 12.18 and a current ratio of 13.77.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in shares of Autoscope Technologies during the third quarter valued at about $1,829,000. BlackRock Inc. acquired a new position in shares of Autoscope Technologies during the third quarter valued at about $1,364,000. Two Sigma Advisers LP acquired a new position in shares of Autoscope Technologies during the third quarter valued at about $668,000. Two Sigma Investments LP acquired a new position in shares of Autoscope Technologies during the third quarter valued at about $555,000. Finally, Dimensional Fund Advisors LP acquired a new position in Autoscope Technologies in the 3rd quarter worth approximately $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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