Short Interest in Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT) Drops By 16.8%

Alpha Pro Tech, Ltd. (NYSEAMERICAN:APTGet Rating) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 480,100 shares, a decline of 16.8% from the April 15th total of 577,100 shares. Currently, 4.4% of the company’s shares are short sold. Based on an average trading volume of 131,500 shares, the days-to-cover ratio is presently 3.7 days.

Shares of Alpha Pro Tech stock opened at $4.05 on Tuesday. The firm has a market capitalization of $52.52 million, a P/E ratio of 4.13 and a beta of -1.31. Alpha Pro Tech has a twelve month low of $3.76 and a twelve month high of $12.35.

Alpha Pro Tech (NYSEAMERICAN:APTGet Rating) last announced its earnings results on Wednesday, March 9th. The company reported $0.05 EPS for the quarter. The firm had revenue of $13.20 million for the quarter. Alpha Pro Tech had a return on equity of 22.00% and a net margin of 16.07%.

A number of hedge funds have recently made changes to their positions in APT. Renaissance Technologies LLC grew its holdings in Alpha Pro Tech by 13.5% during the 3rd quarter. Renaissance Technologies LLC now owns 561,663 shares of the company’s stock worth $3,780,000 after acquiring an additional 66,600 shares during the period. Vanguard Group Inc. boosted its position in shares of Alpha Pro Tech by 10.1% during the 1st quarter. Vanguard Group Inc. now owns 579,446 shares of the company’s stock worth $2,434,000 after purchasing an additional 53,003 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Alpha Pro Tech by 25,531.6% in the 4th quarter. JPMorgan Chase & Co. now owns 34,090 shares of the company’s stock valued at $203,000 after buying an additional 33,957 shares during the period. Morgan Stanley increased its position in Alpha Pro Tech by 111.7% in the 2nd quarter. Morgan Stanley now owns 54,763 shares of the company’s stock valued at $469,000 after buying an additional 28,894 shares in the last quarter. Finally, BlackRock Inc. raised its stake in Alpha Pro Tech by 13.2% during the 3rd quarter. BlackRock Inc. now owns 243,060 shares of the company’s stock worth $1,636,000 after buying an additional 28,392 shares during the period. Institutional investors and hedge funds own 19.21% of the company’s stock.

Alpha Pro Tech Company Profile (Get Rating)

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through two segments, Disposable Protective Apparel and Building Supply.

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