Short Interest in Interlink Electronics, Inc. (NASDAQ:LINK) Grows By 2,222.7%

Interlink Electronics, Inc. (NASDAQ:LINK) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 51,100 shares, an increase of 2,222.7% from the October 15th total of 2,200 shares. Approximately 3.1% of the company’s stock are sold short. Based on an average daily trading volume, of 56,700 shares, the short-interest ratio is currently 0.9 days.

Interlink Electronics Price Performance

Shares of Interlink Electronics stock traded down $0.46 during trading hours on Wednesday, hitting $4.80. The company had a trading volume of 35,694 shares, compared to its average volume of 23,841. The company’s 50-day moving average is $4.03 and its two-hundred day moving average is $4.23. Interlink Electronics has a twelve month low of $3.25 and a twelve month high of $9.33. The company has a market cap of $31.11 million, a P/E ratio of 53.33 and a beta of 0.93.

About Interlink Electronics

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.