Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) Short Interest Update

Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 217,500 shares, an increase of 2,618.8% from the December 15th total of 8,000 shares. Based on an average daily volume of 198,200 shares, the short-interest ratio is presently 1.1 days. Currently, 9.3% of the company’s stock are short sold.

Art’s-Way Manufacturing Price Performance

NASDAQ:ARTW traded down $0.18 during trading hours on Monday, hitting $1.74. The company’s stock had a trading volume of 132,830 shares, compared to its average volume of 628,736. The stock has a fifty day simple moving average of $1.75 and a 200-day simple moving average of $1.70. 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 twelve month low of $1.33 and a twelve month high of $4.15.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Art’s-Way Manufacturing in a research note on Monday. They issued a “hold” rating on the stock.

Institutional Investors Weigh In On Art’s-Way Manufacturing

A hedge fund recently bought a new stake in Art’s-Way Manufacturing stock. Jane Street Group LLC acquired a new stake in Art’s-Way Manufacturing Co., Inc. (NASDAQ:ARTW) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,430 shares of the industrial products company’s stock, valued at approximately $27,000. Jane Street Group LLC owned 0.29% of Art’s-Way Manufacturing as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 2.91% of the company’s stock.

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.