Astronics Co. (OTCMKTS:ATROB) Sees Significant Drop in Short Interest

Astronics Co. (OTCMKTS:ATROB) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 13,900 shares, a decrease of 13.7% from the December 31st total of 16,100 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 17.4 days.

Astronics Price Performance

Shares of OTCMKTS:ATROB opened at $16.76 on Monday. The stock has a market cap of $590.96 million, a P/E ratio of -88.21 and a beta of 1.82. The company has a quick ratio of 1.46, a current ratio of 2.83 and a debt-to-equity ratio of 0.72. Astronics has a 52-week low of $13.50 and a 52-week high of $23.23. The business’s 50 day moving average is $16.12 and its 200 day moving average is $18.23.

Astronics (OTCMKTS:ATROB) last issued its quarterly earnings data on Wednesday, November 6th. The aerospace company reported $0.35 EPS for the quarter. The firm had revenue of $203.70 million during the quarter. Astronics had a positive return on equity of 6.94% and a negative net margin of 0.82%.

About Astronics

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.