Autoscope Technologies Corporation (NASDAQ:AATC) Short Interest Down 41.1% in February

Autoscope Technologies Corporation (NASDAQ:AATC – Get Rating) saw a sharp decline in short-term interest in February. As of February 28, there was short interest totaling 15,200 shares, down 41.1% from February 13’s total of 25,800 shares. Based on an average daily trading volume of 20,500 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are sold short.

Shares of AATC opened at $6.52 on Friday. The company’s fifty-day simple moving average is $6.66 and its 200-day simple moving average is $6.94. Autoscope Technologies has a 12-month low of $4.26 and a 12-month high of $11.58. The company has a market capitalization of $35.03 million, a price-earnings ratio of 12.30 and a beta of 1.02.

The company also recently declared a quarterly dividend, which was paid on Monday, February 28. Investors of record on Monday, February 21 received a dividend of $0.12 per share. The ex-dividend date was Thursday, February 17. This represents an annualized dividend of $0.48 and a yield of 7.36%. Autoscope Technologies’ dividend payout ratio is currently 90.57%.

Large investors have recently changed their positions in the stock. Advisor Group Holdings Inc. acquired a new stake in Autoscope Technologies during Q3 for $37,000. James Investment Research Inc. acquired a new position in Autoscope Technologies during Q3 worth $45,000. Private Wealth Advisors LLC acquired a new position in Autoscope Technologies during Q3 for a value of $77,000. Commonwealth Equity Services LLC bought a new position in Autoscope Technologies during the 4th quarter for a value of $75,000. Finally, Ridgewood Investments LLC bought a new position in Autoscope Technologies during Q3 for $116,000. Hedge funds and other institutional investors own 20.14% of the company’s shares.

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About Autoscope Technologies (Get an assessment)

Autoscope Technologies Corp. engages in the development of surface sensing technologies, applications and solutions. It offers real-time feedback capabilities and in-depth analytics. The company is headquartered in St. Paul, MN.

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Luisa D. Fuller