Short Interest in Senstar Technologies Co. (NASDAQ:SNT) Declines By 23.9%

Senstar Technologies Co. (NASDAQ:SNT) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 43,900 shares, a drop of 23.9% from the February 28th total of 57,700 shares. Based on an average daily volume of 41,100 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Senstar Technologies

An institutional investor recently raised its position in Senstar Technologies stock. Geode Capital Management LLC increased its holdings in shares of Senstar Technologies Co. (NASDAQ:SNT) by 27.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,517 shares of the industrial products company’s stock after buying an additional 3,329 shares during the period. Geode Capital Management LLC owned about 0.07% of Senstar Technologies worth $53,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 20.75% of the company’s stock.

Senstar Technologies Stock Performance

Shares of NASDAQ SNT opened at $3.47 on Monday. The company has a market capitalization of $80.77 million, a PE ratio of 49.51 and a beta of 1.29. The company’s fifty day moving average price is $3.59 and its 200 day moving average price is $2.82. Senstar Technologies has a 1 year low of $1.08 and a 1 year high of $3.97.

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.