Key Tronic Corporation (NASDAQ:KTCC) Short Interest Update

Key Tronic Corporation (NASDAQ:KTCC) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 36,327 shares, a growth of 32.7% from the January 15th total of 27,376 shares. Based on an average trading volume of 12,717 shares, the short-interest ratio is presently 2.9 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 12,717 shares, the short-interest ratio is presently 2.9 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Key Tronic in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Key Tronic presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KTCC. Goldman Sachs Group Inc. lifted its holdings in shares of Key Tronic by 65.9% during the first quarter. Goldman Sachs Group Inc. now owns 23,480 shares of the technology company’s stock worth $61,000 after buying an additional 9,327 shares in the last quarter. Bensler LLC acquired a new position in shares of Key Tronic in the third quarter valued at about $109,000. Finally, Moors & Cabot Inc. increased its position in Key Tronic by 26.9% during the second quarter. Moors & Cabot Inc. now owns 127,550 shares of the technology company’s stock worth $365,000 after acquiring an additional 27,000 shares during the period. Institutional investors and hedge funds own 40.69% of the company’s stock.

Key Tronic Stock Down 1.9%

Shares of KTCC stock opened at $3.09 on Monday. Key Tronic has a 12-month low of $2.21 and a 12-month high of $3.70. The company has a quick ratio of 1.17, a current ratio of 2.03 and a debt-to-equity ratio of 0.89. The firm has a fifty day moving average of $2.74 and a 200-day moving average of $2.96. The company has a market capitalization of $33.56 million, a price-to-earnings ratio of -2.18 and a beta of 1.15.

About Key Tronic

Key Tronic Corporation (NASDAQ: KTCC) is a global electronics manufacturer headquartered in Spokane, Washington. The company specializes in the design, development and production of human-machine interfaces and input devices, with a core legacy in keyboard technology. Over more than five decades, Key Tronic has expanded its capabilities beyond keyboards to encompass a broad range of electronic assemblies for OEMs across computing, industrial, medical and consumer markets.

Key Tronic’s product portfolio includes membrane and mechanical keyboards, touch panels, silicone keypads and custom input solutions tailored to customer specifications.