BSQUARE Co. (NASDAQ:BSQR) Sees Large Decline in Short Interest

BSQUARE Co. (NASDAQ:BSQR) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 6,100 shares, a decline of 23.8% from the December 15th total of 8,000 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 27,600 shares, the days-to-cover ratio is currently 0.2 days.

BSQUARE stock opened at $1.47 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.91 and a quick ratio of 1.91. The business’s fifty day simple moving average is $1.36 and its two-hundred day simple moving average is $1.25. BSQUARE has a 12 month low of $1.01 and a 12 month high of $2.85.

BSQUARE (NASDAQ:BSQR) last released its earnings results on Thursday, November 7th. The software maker reported ($0.07) EPS for the quarter. BSQUARE had a negative return on equity of 56.31% and a negative net margin of 21.98%. The company had revenue of $14.64 million during the quarter.

In related news, major shareholder Ryan L. Vardeman bought 33,132 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were acquired at an average cost of $1.28 per share, with a total value of $42,408.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Value Fund Lp Palogic bought 66,868 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was bought at an average cost of $1.28 per share, for a total transaction of $85,591.04. Insiders have purchased 140,852 shares of company stock worth $180,291 over the last 90 days. 13.80% of the stock is currently owned by corporate insiders.

An institutional investor recently bought a new position in BSQUARE stock. Susquehanna International Group LLP bought a new position in BSQUARE Co. (NASDAQ:BSQR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 39,202 shares of the software maker’s stock, valued at approximately $45,000. Susquehanna International Group LLP owned approximately 0.31% of BSQUARE at the end of the most recent quarter. 20.50% of the stock is owned by institutional investors.

BSQUARE Company Profile

BSQUARE Corporation provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems in North America, Europe, and Asia. The company offers DataV software solution, which addresses various business use cases specific to Industrial Internet of Things (IIoT) applications, including predictive failure, adaptive diagnostics, and IIoT device management.

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