Arotech Corporation (NASDAQ:ARTX) Shorted Shares Decreased By 7.49%

The stock of Arotech Corporation (NASDAQ:ARTX) registered a decrease of 7.49% in short interest. ARTX’s total short interest was 789,400 shares in April as published by FINRA. Its down 7.49% from 853,300 shares, reported previously. With 138,800 shares average volume, it will take short sellers 6 days to cover their ARTX’s short positions. The short interest to Arotech Corporation’s float is 4.51%. The stock is up 4.68% or $0.13 after the news, hitting $2.85 per share. About 43,564 shares traded hands. Arotech Corporation (NASDAQ:ARTX) has risen 91.55% since September 2, 2015 and is uptrending. It has outperformed by 86.48% the S&P500.

Arotech Corporation is a defense and security services and products company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and power systems and batteries for the military, commercial and medical markets. The company has a market cap of $76.46 million. The Firm operates in two divisions: Training and Simulation Division, and Power Systems Division. It currently has negative earnings. The Company’s Training and Simulation Division develops, makes and markets multimedia and interactive digital solutions for use-of-force training and driving training of military, law enforcement, security, emergency services and other personnel.

The institutional sentiment is 0.92 in Q3 2015. Its the same as in 2015Q2. The ratio is the same, as 9 funds sold all Arotech Corporation shares owned while 4 reduced positions. only 4 funds bought stakes while 8 increased positions. They now own 7.10 million shares or 183.82% more from 2.50 million shares in 2015Q2.

Ancora Advisors Llc holds 0.04% of its portfolio in Arotech Corporation for 244,000 shares. Bridgeway Capital Management Inc owns 381,263 shares or 0.01% of their US portfolio. Moreover, Vanguard Group Inc has 0.01% invested in the company for 5.29 million shares. The New York-based American International Group Inc has invested 0% in the stock. Aqr Capital Management Llc, a Connecticut-based fund reported 15,890 shares.

Arotech Corporation - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with’s FREE daily email newsletter.

Add Comment