Bel Fuse Inc. experienced a 18.8% increase in short interest in May to 372,200 shares, with a 3.7 days' days-to-cover ratio.
Bel Fuse Inc. (NASDAQ:BELFB) saw a 18.8% rise in short interest in May to 372,200 shares, with a 3.7 days' days-to-cover ratio. Institutional investors and hedge funds like Steward Partners, Covestor Ltd, and New York State Teachers Retirement System made changes to their holdings. Despite this, Bel Fuse reported $1.26 EPS for Q, surpassing analyst estimates by $0.22 and announced a $0.07 quarterly dividend on Aug 1st.
June 18, 2024
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