Autoscope Technologies Corporation (NASDAQ:AATC) Sees Significant Increase in Short Interest

Autoscope Technologies Corporation (NASDAQ:AATC) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 27,400 shares, an increase of 28.6% from the August 15th total of 21,300 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 65,000 shares, the short-interest ratio is currently 0.4 days.

Shares of NASDAQ:AATC opened at $7.22 on Tuesday. Autoscope Technologies has a one year low of $3.40 and a one year high of $11.58. The firm’s fifty day moving average is $7.29. The firm has a market cap of $38.75 million, a P/E ratio of 13.37 and a beta of 1.18.

Autoscope Technologies (NASDAQ:AATC) last announced its quarterly earnings data on Thursday, August 12th. The company reported $0.14 EPS for the quarter. Autoscope Technologies had a return on equity of 14.66% and a net margin of 21.70%. The company had revenue of $3.79 million during the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 30th. Stockholders of record on Monday, August 23rd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, August 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.65%.

Separately, TheStreet upgraded Autoscope Technologies from a “c+” rating to a “b” rating in a research report on Wednesday, July 21st.

About Autoscope Technologies

Autoscope Technologies Corp. engages in the development of above-ground detection technology, applications and solutions. It offers real-time reaction capabilities and in-depth analytics. The company is headquartered in St. Paul, MN.

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