Short Interest in Interlink Electronics, Inc. (NASDAQ:LINK) Decreases By 15.7%

Interlink Electronics, Inc. (NASDAQ:LINK) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 33,200 shares, a decrease of 15.7% from the November 30th total of 39,400 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily trading volume, of 73,000 shares, the short-interest ratio is currently 0.5 days.

Interlink Electronics Trading Down 4.6 %

Shares of LINK stock traded down $0.30 during trading hours on Tuesday, hitting $6.24. The company’s stock had a trading volume of 8,888 shares, compared to its average volume of 25,771. The stock has a market cap of $40.45 million, a PE ratio of 69.33 and a beta of 0.93. Interlink Electronics has a 12-month low of $3.25 and a 12-month high of $9.33. The company has a 50 day moving average of $5.29 and a 200 day moving average of $4.40.

Institutional Investors Weigh In On Interlink Electronics

A hedge fund recently raised its stake in Interlink Electronics stock. IHT Wealth Management LLC grew its stake in Interlink Electronics, Inc. (NASDAQ:LINK) by 46.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,462 shares of the technology company’s stock after buying an additional 7,706 shares during the quarter. IHT Wealth Management LLC owned 0.38% of Interlink Electronics worth $89,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.44% of the company’s stock.

Interlink Electronics Company Profile

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.