Interlink Electronics, Inc. (NASDAQ:LINK) Short Interest Down 19.8% in November

Interlink Electronics, Inc. (NASDAQ:LINK) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 41,000 shares, a decrease of 19.8% from the October 31st total of 51,100 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 60,000 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Interlink Electronics

A hedge fund recently raised its stake in Interlink Electronics stock. IHT Wealth Management LLC raised its stake in Interlink Electronics, Inc. (NASDAQ:LINK) by 46.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,462 shares of the technology company’s stock after acquiring an additional 7,706 shares during the period. IHT Wealth Management LLC owned approximately 0.38% of Interlink Electronics worth $89,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.44% of the company’s stock.

Interlink Electronics Stock Up 2.5 %

NASDAQ:LINK opened at $4.94 on Monday. The business’s 50-day simple moving average is $4.29 and its two-hundred day simple moving average is $4.22. Interlink Electronics has a 52 week low of $3.25 and a 52 week high of $9.33. The stock has a market cap of $32.02 million, a PE ratio of 54.89 and a beta of 0.93.

Interlink Electronics Company Profile

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.