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Astronics and AstroNova see rise in short interest, but Astronics beats earnings estimates.
Astronics Corporation saw a 17.2% rise in short interest in February, with 6.3% of its shares sold short, and a 5.1 days-to-cover ratio.
Despite this, the company reported strong earnings, beating estimates with an EPS of $0.48.
Conversely, AstroNova, Inc. also experienced a significant increase in short interest, up 28.9%, though with a lower short ratio of 0.2%.
StockNews.com issued a "buy" rating for AstroNova.
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Astronics y AstroNova ven aumento en el interés corto, pero Astronics supera las estimaciones de ganancias.