Broadwind, Inc. (NASDAQ:BWEN) Short Interest Update

Broadwind, Inc. (NASDAQ:BWEN) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 123,800 shares, a decrease of 37.6% from the December 31st total of 198,300 shares. Based on an average daily trading volume, of 184,800 shares, the short-interest ratio is currently 0.7 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BWEN. Lincoln Capital Corp boosted its position in Broadwind by 61.7% in the 3rd quarter. Lincoln Capital Corp now owns 23,437 shares of the industrial products company’s stock valued at $53,000 after buying an additional 8,947 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Broadwind by 6.0% in the third quarter. Geode Capital Management LLC now owns 227,738 shares of the industrial products company’s stock valued at $517,000 after acquiring an additional 12,936 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Broadwind in the second quarter valued at about $84,000. Empowered Funds LLC increased its position in Broadwind by 52.7% in the third quarter. Empowered Funds LLC now owns 81,211 shares of the industrial products company’s stock worth $184,000 after purchasing an additional 28,021 shares during the period. Finally, American Century Companies Inc. lifted its position in Broadwind by 181.0% during the 2nd quarter. American Century Companies Inc. now owns 46,032 shares of the industrial products company’s stock valued at $151,000 after purchasing an additional 29,653 shares during the period. Institutional investors own 33.27% of the company’s stock.

Broadwind Price Performance

NASDAQ:BWEN traded down $0.08 during mid-day trading on Wednesday, reaching $1.64. 41,687 shares of the company were exchanged, compared to its average volume of 202,955. Broadwind has a 12 month low of $1.52 and a 12 month high of $4.65. The company has a fifty day moving average of $1.85 and a 200 day moving average of $2.15. The stock has a market cap of $36.24 million, a PE ratio of 11.71 and a beta of 1.44. The company has a quick ratio of 0.52, a current ratio of 1.50 and a debt-to-equity ratio of 0.16.

Broadwind Company Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.