Short Interest in Senstar Technologies Co. (NASDAQ:SNT) Increases By 166.1%

Senstar Technologies Co. (NASDAQ:SNT) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 44,700 shares, an increase of 166.1% from the January 15th total of 16,800 shares. Based on an average daily trading volume, of 74,300 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s stock are sold short.

Senstar Technologies Stock Performance

Shares of NASDAQ SNT traded down $0.05 during midday trading on Thursday, hitting $3.52. 23,086 shares of the stock traded hands, compared to its average volume of 35,257. Senstar Technologies has a one year low of $1.08 and a one year high of $3.90. The business has a 50 day moving average price of $3.44 and a two-hundred day moving average price of $2.38. The company has a market cap of $81.93 million, a PE ratio of 50.22 and a beta of 1.32.

Senstar Technologies (NASDAQ:SNT) last announced its quarterly earnings results on Tuesday, November 12th. The industrial products company reported $0.06 EPS for the quarter. The business had revenue of $9.70 million during the quarter. Senstar Technologies had a net margin of 4.25% and a return on equity of 3.99%.

Hedge Funds Weigh In On Senstar Technologies

An institutional investor recently raised its position in Senstar Technologies stock. Geode Capital Management LLC grew its position in shares of Senstar Technologies Co. (NASDAQ:SNT) by 27.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,517 shares of the industrial products company’s stock after acquiring an additional 3,329 shares during the quarter. Geode Capital Management LLC owned 0.07% of Senstar Technologies worth $53,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 20.75% of the stock is owned by institutional investors.

About Senstar Technologies

Senstar Technologies Corporation provides physical, video, and access control security products and solutions worldwide. It offers solutions for critical sites, which leverage its portfolio of perimeter intrusion detection systems, and video management software with intelligent video analytics security solutions, as well as access control products and technologies.