Short Interest in REalloys Inc (NASDAQ:ALOY) Increases By 70.0%

REalloys Inc (NASDAQ:ALOY) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 585,908 shares, a growth of 70.0% from the February 26th total of 344,566 shares. Based on an average daily volume of 1,974,896 shares, the short-interest ratio is presently 0.3 days. Approximately 1.3% of the shares of the stock are sold short.

REalloys Price Performance

ALOY traded down $0.34 during trading on Friday, hitting $9.64. The company’s stock had a trading volume of 244,576 shares, compared to its average volume of 752,333. The firm’s 50 day moving average price is $13.46 and its 200-day moving average price is $9.95. The stock has a market cap of $550.55 million, a PE ratio of -8.23 and a beta of 1.45. REalloys has a twelve month low of $2.60 and a twelve month high of $26.90.

REalloys (NASDAQ:ALOY) last posted its quarterly earnings data on Monday, February 23rd. The company reported ($0.40) earnings per share (EPS) for the quarter. The business had revenue of $0.63 million for the quarter. REalloys had a negative return on equity of 96.75% and a negative net margin of 182.07%.

Insider Transactions at REalloys

In related news, insider Gust Kepler sold 62,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $12.89, for a total value of $799,180.00. Following the sale, the insider owned 414,218 shares of the company’s stock, valued at approximately $5,339,270.02. This represents a 13.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 20.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Corient Private Wealth LLC acquired a new stake in shares of REalloys in the second quarter worth approximately $62,000. Canton Hathaway LLC acquired a new position in shares of REalloys in the 4th quarter valued at $95,000. Pekin Hardy Strauss Inc. acquired a new position in shares of REalloys in the 4th quarter valued at $81,000. Geode Capital Management LLC grew its stake in shares of REalloys by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after buying an additional 1,422 shares during the period. Finally, Franklin Resources Inc. acquired a new stake in shares of REalloys during the 4th quarter worth $741,000. 3.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on ALOY shares. Wall Street Zen raised REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Weiss Ratings restated a “sell (d-)” rating on shares of REalloys in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, REalloys currently has a consensus rating of “Sell”.

About REalloys

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.