Short Interest in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) Decreases By 7.4%

Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 11,200 shares, a drop of 7.4% from the November 15th total of 12,100 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,500 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Art’s-Way Manufacturing stock. Jane Street Group LLC purchased a new stake in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned about 0.29% of Art’s-Way Manufacturing as of its most recent SEC filing. Institutional investors and hedge funds own 2.91% of the company’s stock.

Art’s-Way Manufacturing Stock Performance

Art’s-Way Manufacturing stock remained flat at $1.55 during trading on Tuesday. The company had a trading volume of 22,048 shares, compared to its average volume of 30,485. The firm’s 50-day moving average price is $1.64 and its 200 day moving average price is $1.66. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.37 and a current ratio of 1.55. Art’s-Way Manufacturing has a 52-week low of $1.33 and a 52-week high of $2.37.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Art’s-Way Manufacturing in a research note on Thursday, December 12th. They set a “hold” rating for the company.

About Art’s-Way Manufacturing

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science and agricultural buildings in the United States and internationally. The company operates through Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts.