Senstar Technologies Ltd. (NASDAQ:SNT) Stock Short Interest Jumps 135.2%

Senstar Technologies Ltd. (NASDAQ:SNT) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,249 shares, an increase of 135.2% from the August 31st total of 531 shares. Based on an average daily trading volume, of 6,817 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Senstar Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, September 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Senstar Technologies

A hedge fund recently bought a new stake in Senstar Technologies stock. Two Sigma Securities LLC acquired a new position in shares of Senstar Technologies Ltd. (NASDAQ:SNT) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,165 shares of the industrial products company’s stock, valued at approximately $33,000. Two Sigma Securities LLC owned 0.07% of Senstar Technologies as of its most recent filing with the Securities & Exchange Commission. 20.75% of the stock is owned by hedge funds and other institutional investors.

Senstar Technologies Stock Performance

Shares of Senstar Technologies stock opened at $1.62 on Tuesday. The firm has a 50-day simple moving average of $1.72 and a two-hundred day simple moving average of $2.28. Senstar Technologies has a fifty-two week low of $1.43 and a fifty-two week high of $5.34. The company has a market cap of $37.91 million, a P/E ratio of 81.29 and a beta of 2.27.

Senstar Technologies (NASDAQ:SNT) last posted its earnings results on Wednesday, August 26th. The industrial products company reported $0.02 EPS for the quarter. Senstar Technologies had a return on equity of 1.15% and a net margin of 1.34%.The firm had revenue of $10.45 million for the quarter.

Senstar Technologies Company Profile

Senstar Technologies Ltd. (NASDAQ: SNT) is a security technology company that provides solutions for protecting physical sites, facilities, and critical infrastructure. The company operates primarily through the Senstar brand, offering technologies designed to detect, assess, and manage security threats around commercial, industrial, government, and other high-value properties.

Its product portfolio includes perimeter intrusion detection systems for fences, buried boundaries, and open areas; fiber-optic, microwave, and other sensor technologies; video management and analytics solutions; and security management software.