Senstar Technologies Ltd. (NASDAQ:SNT) Stock Short Interest Report for October

Senstar Technologies Ltd. (NASDAQ:SNT) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 11,082 shares, a growth of 161.4% from the September 30th total of 4,239 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 16,631 shares, the short-interest ratio is presently 0.7 days.

Senstar Technologies Stock Up 1.9%

SNT stock traded up $0.03 during midday trading on Thursday, reaching $1.64. 2,096 shares of the company’s stock traded hands, compared to its average volume of 29,313. The company has a market cap of $38.26 million, a price-to-earnings ratio of 82.04 and a beta of 2.30. Senstar Technologies has a 52 week low of $1.31 and a 52 week high of $5.05. The firm’s fifty day moving average price is $1.58 and its 200-day moving average price is $2.51.

Senstar Technologies (NASDAQ:SNT) last issued its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $0.02 earnings per share for the quarter. Senstar Technologies had a net margin of 1.34% and a return on equity of 1.16%. The company had revenue of $10.45 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Grace & White Inc. NY boosted its holdings in Senstar Technologies by 3.7% in the third quarter. Grace & White Inc. NY now owns 792,019 shares of the industrial products company’s stock worth $1,283,000 after acquiring an additional 27,956 shares in the last quarter. Two Sigma Securities LLC purchased a new position in Senstar Technologies during the 2nd quarter valued at approximately $33,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Senstar Technologies by 3.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 168,385 shares of the industrial products company’s stock valued at $510,000 after purchasing an additional 5,509 shares during the last quarter. Hedge funds and other institutional investors own 20.75% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Senstar Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has a consensus rating of “Sell”.

About Senstar Technologies

Senstar Technologies Ltd. (NASDAQ: SNT) is a security technology company that develops and supplies solutions designed to protect critical infrastructure, industrial facilities, government sites and other high-security environments. Its offerings are intended to help organizations detect, assess and respond to physical security threats across perimeter and site operations.

The company’s product portfolio includes perimeter intrusion detection systems, intelligent video surveillance and management software, security management platforms, access control solutions and related security sensors.