Alarum Technologies Ltd. (NASDAQ:ALAR – Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 250,200 shares, a growth of 32.1% from the March 31st total of 189,400 shares. Currently, 4.1% of the company’s stock are short sold. Based on an average trading volume of 239,800 shares, the days-to-cover ratio is currently 1.0 days.
Analyst Upgrades and Downgrades
Separately, Alliance Global Partners lifted their target price on Alarum Technologies from $10.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, March 14th.
Check Out Our Latest Research Report on Alarum Technologies
Alarum Technologies Price Performance
Alarum Technologies (NASDAQ:ALAR – Get Free Report) last posted its earnings results on Thursday, March 14th. The company reported $0.30 EPS for the quarter. The business had revenue of $7.11 million during the quarter. Alarum Technologies had a negative net margin of 20.83% and a positive return on equity of 6.52%.
Institutional Investors Weigh In On Alarum Technologies
An institutional investor recently bought a new position in Alarum Technologies stock. Cantor Fitzgerald L. P. acquired a new position in Alarum Technologies Ltd. (NASDAQ:ALAR – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 153,313 shares of the company’s stock, valued at approximately $1,190,000. Cantor Fitzgerald L. P. owned 3.86% of Alarum Technologies as of its most recent SEC filing. Institutional investors own 3.23% of the company’s stock.
About Alarum Technologies
Alarum Technologies Ltd. provides internet access and web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, and Africa. The company operates through two segments, Enterprise Internet Access Solutions and Consumer Internet Access Solutions. The company offers security blanket against ransomware, viruses, phishing, and other online threats, as well as secured and encrypted connection, masking the customers online activity and keeping them safe from hackers.
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