A Reversal for Astronova Incorporated (NASDAQ:ALOT) Is Not Near. The Stock Has Rise in Shorts

October 13, 2017 - By Nellie Frank

 A Reversal for Astronova Incorporated (NASDAQ:ALOT) Is Not Near. The Stock Has Rise in Shorts

Investors sentiment decreased to 1.09 in Q2 2017. Its down 2.66, from 3.75 in 2017Q1. It dived, as 2 investors sold AstroNova Inc shares while 9 reduced holdings. 4 funds opened positions while 8 raised stakes. 3.58 million shares or 49.88% less from 7.14 million shares in 2017Q1 were reported.
State Common Retirement Fund has invested 0% in AstroNova Inc (NASDAQ:ALOT). Morgan Stanley invested 0% of its portfolio in AstroNova Inc (NASDAQ:ALOT). Jpmorgan Chase & has 1,456 shares for 0% of their portfolio. 7,093 are held by Deutsche Comml Bank Ag. Parkside State Bank invested 0% of its portfolio in AstroNova Inc (NASDAQ:ALOT). California Pub Employees Retirement Systems has 0% invested in AstroNova Inc (NASDAQ:ALOT) for 19,382 shares. Bank & Trust Of New York Mellon Corp has 11,437 shares. Berson And Corrado Investment Ltd holds 18,875 shares or 0.13% of its portfolio. Blackrock holds 0% or 19,841 shares in its portfolio. Northern stated it has 30,432 shares. Granite Ltd reported 90,449 shares. Dimensional Fund Advsrs Lp reported 514,730 shares. Bridgeway Mgmt Inc accumulated 34,000 shares. North Star Inv Corp, Illinois-based fund reported 84,450 shares. Punch & Associate Management invested in 0.31% or 257,860 shares.

Since May 2, 2017, it had 0 insider buys, and 1 sale for $11.24 million activity. Albert W. Ondis Declaration of Trust sold 826,305 shares worth $11.24 million.

The stock of Astronova Incorporated (NASDAQ:ALOT) registered an increase of 3.23% in short interest. ALOT’s total short interest was 9,600 shares in October as published by FINRA. Its up 3.23% from 9,300 shares, reported previously. With 11,100 shares average volume, it will take short sellers 1 days to cover their ALOT’s short positions. The short interest to Astronova Incorporated’s float is 0.17%.

About 10 shares traded. AstroNova Inc (NASDAQ:ALOT) has declined 1.05% since October 13, 2016 and is downtrending. It has underperformed by 17.75% the S&P500.

AstroNova, Inc., formerly Astro-Med, Inc., designs, develops, makes and distributes a range of specialty printers, and data acquisition and analysis systems. The company has market cap of $86.98 million. The Firm operates through two divisions: QuickLabel and Test & Measurement . It has a 30.25 P/E ratio. The Firm offers both hardware and software, which incorporate technologies in order to acquire, store, analyze and present data in multiple formats.

More notable recent AstroNova Inc (NASDAQ:ALOT) news were published by: Seekingalpha.com which released: “AstroNova’s (ALOT) CEO Gregory Woods on Q1 2017 Results – Earnings Call Transcript” on May 16, 2017, also Businesswire.com with their article: “AstroNova Wins Contract with Boeing to Supply ToughWriter 5” published on July 08, 2016, Businesswire.com published: “AstroNova Mourns the Passing of Board Chairman Hermann Viets, Ph.D.” on October 04, 2017. More interesting news about AstroNova Inc (NASDAQ:ALOT) were released by: Reuters.com and their article: “BRIEF-Astronova Inc says chairman of board has died” published on October 04, 2017 as well as Globenewswire.com‘s news article titled: “AstroNova, Inc. (Nasdaq: ALOT) to Ring The Nasdaq Stock Market Opening Bell” with publication date: May 26, 2016.

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