Short Interest in Lantronix, Inc. (NASDAQ:LTRX) Expands By 60.8%

Lantronix, Inc. (NASDAQ:LTRX) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 474,806 shares, a growth of 60.8% from the November 30th total of 295,267 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 521,476 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 521,476 shares, the short-interest ratio is currently 0.9 days. Currently, 1.2% of the company’s stock are short sold.

Institutional Trading of Lantronix

Hedge funds and other institutional investors have recently bought and sold shares of the business. R Squared Ltd acquired a new stake in Lantronix during the second quarter worth about $32,000. Bailard Inc. bought a new position in Lantronix in the 3rd quarter valued at approximately $49,000. Atria Wealth Solutions Inc. acquired a new position in Lantronix in the 2nd quarter valued at approximately $60,000. Bridgeway Capital Management LLC bought a new position in shares of Lantronix during the third quarter valued at $85,000. Finally, XTX Topco Ltd bought a new position in shares of Lantronix during the second quarter valued at $86,000. Institutional investors and hedge funds own 39.38% of the company’s stock.

Lantronix Stock Up 2.5%

Shares of Lantronix stock traded up $0.15 during trading on Tuesday, reaching $5.89. The stock had a trading volume of 129,472 shares, compared to its average volume of 357,367. Lantronix has a 52 week low of $1.91 and a 52 week high of $6.75. The company has a current ratio of 3.01, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $5.23 and a two-hundred day moving average price of $4.28. The company has a market capitalization of $231.63 million, a price-to-earnings ratio of -21.78 and a beta of 1.51.

Lantronix (NASDAQ:LTRX) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $29.79 million for the quarter, compared to analysts’ expectations of $29.55 million. Lantronix had a negative net margin of 8.68% and a negative return on equity of 11.63%. Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. Sell-side analysts predict that Lantronix will post -0.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on LTRX. Needham & Company LLC boosted their price objective on Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research report on Thursday, November 6th. Wall Street Zen upgraded Lantronix from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a research report on Wednesday, October 8th. Finally, Lake Street Capital raised their target price on shares of Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lantronix has a consensus rating of “Moderate Buy” and a consensus price target of $6.17.

Lantronix Company Profile

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.