OMNIQ Corp. (NASDAQ:OMQS – Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 487,600 shares, an increase of 516.4% from the March 31st total of 79,100 shares. Based on an average trading volume of 380,500 shares, the short-interest ratio is presently 1.3 days. Currently, 5.6% of the shares of the company are short sold.
Institutional Investors Weigh In On OMNIQ
A hedge fund recently bought a new stake in OMNIQ stock. Warberg Asset Management LLC acquired a new stake in shares of OMNIQ Corp. (NASDAQ:OMQS – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 193,200 shares of the company’s stock, valued at approximately $126,000. Warberg Asset Management LLC owned about 1.81% of OMNIQ at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.65% of the company’s stock.
OMNIQ Trading Down 12.6 %
NASDAQ OMQS traded down $0.05 on Thursday, reaching $0.36. 2,053,011 shares of the stock were exchanged, compared to its average volume of 339,091. OMNIQ has a one year low of $0.28 and a one year high of $6.35. The firm has a market capitalization of $3.84 million, a PE ratio of -0.10 and a beta of 1.23. The company’s 50-day simple moving average is $0.48 and its two-hundred day simple moving average is $0.56.
About OMNIQ
OMNIQ Corp. provides artificial intelligence based solutions in the United States. It provides computerized and machine vision image processing solution to deliver data collection, real time surveillance, and monitoring for supply chain management, homeland security, public safety, traffic and parking management, and access control applications.
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