Senstar Technologies Co. (NASDAQ:SNT) Sees Large Decrease in Short Interest

Senstar Technologies Co. (NASDAQ:SNT) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 41,700 shares, a decline of 52.6% from the October 31st total of 88,000 shares. Based on an average daily trading volume, of 44,800 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the company are short sold.

Senstar Technologies Trading Down 6.4 %

Shares of Senstar Technologies stock opened at $2.79 on Thursday. Senstar Technologies has a 1 year low of $1.08 and a 1 year high of $3.21. The company’s fifty day simple moving average is $1.80 and its 200-day simple moving average is $1.69. The company has a market cap of $65.03 million, a price-to-earnings ratio of 42.58 and a beta of 0.82.

Senstar Technologies (NASDAQ:SNT) last posted its quarterly earnings results on Monday, August 26th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $8.31 million for the quarter. Senstar Technologies had a net margin of 4.25% and a return on equity of 4.03%.

Institutional Investors Weigh In On Senstar Technologies

An institutional investor recently bought a new position in Senstar Technologies stock. Juncture Wealth Strategies LLC purchased a new stake in Senstar Technologies Co. (NASDAQ:SNT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 34,375 shares of the industrial products company’s stock, valued at approximately $55,000. Juncture Wealth Strategies LLC owned approximately 0.15% of Senstar Technologies as of its most recent SEC filing. Institutional investors own 20.75% of the company’s stock.

About Senstar Technologies

Senstar Technologies Corporation provides physical, video, and access control security products and solutions worldwide. It offers solutions for critical sites, which leverage its portfolio of perimeter intrusion detection systems, and video management software with intelligent video analytics security solutions, as well as access control products and technologies.