Astronics Corp. (OTCMKTS:ATROB) Short Interest Update

Astronics Corp. (OTCMKTS:ATROB) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 2,393 shares, a decline of 82.8% from the December 31st total of 13,915 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,839 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 5,839 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Astronics Price Performance

Shares of ATROB opened at $77.50 on Wednesday. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 3.07. Astronics has a twelve month low of $16.76 and a twelve month high of $77.60. The stock has a market capitalization of $2.76 billion, a P/E ratio of -861.02 and a beta of 0.97. The company has a 50 day moving average of $58.99 and a 200-day moving average of $47.22.

Astronics (OTCMKTS:ATROB) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. Astronics had a negative net margin of 0.37% and a positive return on equity of 29.65%. The business had revenue of $211.45 million during the quarter, compared to analysts’ expectations of $212.08 million.

About Astronics

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.