Interlink Electronics, Inc. (NASDAQ:LINK) Stock Short Interest Report for September

Interlink Electronics, Inc. (NASDAQ:LINK) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 43,556 shares, a growth of 88.0% from the September 15th total of 23,167 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 65,213 shares, the short-interest ratio is presently 0.7 days.

Interlink Electronics Stock Performance

Shares of Interlink Electronics stock opened at $4.23 on Thursday. The company has a market capitalization of $66.64 million and a P/E ratio of -60.42. Interlink Electronics has a 1 year low of $2.66 and a 1 year high of $8.18. The company’s fifty day moving average is $5.34 and its two-hundred day moving average is $4.48.

Interlink Electronics (NASDAQ:LINK) last posted its quarterly earnings data on Thursday, August 13th. The technology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.05. Interlink Electronics had a negative return on equity of 12.38% and a negative net margin of 8.95%. The firm had revenue of $3.77 million during the quarter, compared to the consensus estimate of $3.10 million.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Interlink Electronics in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Interlink Electronics

Interlink Electronics, Inc is a technology company that develops and supplies sensor and human-machine interface solutions. Its portfolio is built around force-sensing resistor technology, which detects changes in pressure or applied force and can be incorporated into electronic controls, switches and touch interfaces.

The company offers standard and customized sensors, touch and control panels, embedded sensing components, and related interface technologies. Its products are designed for applications including industrial equipment, medical devices, automotive systems, consumer electronics, aerospace and defense equipment, and other products requiring user input or pressure detection.

Founded in 1985, Interlink Electronics serves original equipment manufacturers and other customers in North America, Europe and Asia through direct sales and distribution relationships.