Image Sensing Systems, Inc. (NASDAQ:ISNS) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 60,800 shares, an increase of 28.8% from the August 30th total of 47,200 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 14.5 days. Approximately 1.4% of the shares of the company are short sold.
Shares of NASDAQ ISNS remained flat at $$4.48 during midday trading on Friday. 700 shares of the company were exchanged, compared to its average volume of 4,172. Image Sensing Systems has a fifty-two week low of $4.05 and a fifty-two week high of $6.06. The stock’s 50 day moving average is $4.73 and its 200-day moving average is $5.01. The firm has a market capitalization of $23.78 million, a P/E ratio of 10.18 and a beta of 0.96.
Image Sensing Systems (NASDAQ:ISNS) last issued its quarterly earnings data on Monday, August 12th. The software maker reported $0.12 earnings per share for the quarter. Image Sensing Systems had a net margin of 15.23% and a return on equity of 21.36%. The business had revenue of $4.23 million for the quarter.
An institutional investor recently raised its position in Image Sensing Systems stock. Renaissance Technologies LLC lifted its stake in shares of Image Sensing Systems, Inc. (NASDAQ:ISNS) by 1.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200,350 shares of the software maker’s stock after purchasing an additional 3,750 shares during the quarter. Renaissance Technologies LLC owned about 3.78% of Image Sensing Systems worth $1,002,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 14.74% of the company’s stock.
Image Sensing Systems Company Profile
Image Sensing Systems, Inc develops and markets video and radar processing products for the intelligent transportation systems industry worldwide. The company operates through two segments, Intersection and Highway. It offers various vehicle and traffic detection products, including Autoscope video systems and RTMS radar systems that convert sensory input collected by video cameras and radar units into vehicle detection and traffic data used to operate, monitor, and enhance the efficiency of roadway infrastructure.
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