Interlink Electronics, Inc. (NASDAQ:LINK) Short Interest Update

Interlink Electronics, Inc. (NASDAQ:LINK) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 21,800 shares, a drop of 39.8% from the January 31st total of 36,200 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average trading volume of 33,900 shares, the days-to-cover ratio is currently 0.6 days.

Interlink Electronics Stock Down 3.8 %

LINK traded down $0.26 during trading hours on Monday, hitting $6.63. The stock had a trading volume of 17,096 shares, compared to its average volume of 27,712. The company’s fifty day simple moving average is $7.36 and its 200 day simple moving average is $5.47. Interlink Electronics has a 1 year low of $3.25 and a 1 year high of $10.90. The stock has a market cap of $42.98 million, a PE ratio of 73.67 and a beta of 0.93.

Institutional Investors Weigh In On Interlink Electronics

Large investors have recently added to or reduced their stakes in the company. IHT Wealth Management LLC increased its holdings in Interlink Electronics by 46.0% in the 3rd quarter. IHT Wealth Management LLC now owns 24,462 shares of the technology company’s stock worth $89,000 after acquiring an additional 7,706 shares during the last quarter. Geode Capital Management LLC increased its holdings in Interlink Electronics by 35.2% in the 4th quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock worth $259,000 after acquiring an additional 10,827 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in Interlink Electronics in the 4th quarter worth about $177,000. Hedge funds and other institutional investors own 0.44% of the company’s stock.

About Interlink Electronics

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.