Iteris, Inc. (NASDAQ:ITI – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 200,800 shares, a growth of 27.6% from the June 15th total of 157,400 shares. Based on an average daily trading volume, of 100,700 shares, the short-interest ratio is presently 2.0 days.
Iteris Stock Up 2.2 %
Shares of Iteris stock opened at $4.64 on Tuesday. Iteris has a twelve month low of $3.80 and a twelve month high of $5.49. The stock has a market cap of $199.38 million, a price-to-earnings ratio of 66.29 and a beta of 0.83. The company’s fifty day moving average is $4.43 and its 200 day moving average is $4.71.
Institutional Trading of Iteris
Institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in shares of Iteris in the first quarter worth $43,000. Bfsg LLC bought a new stake in Iteris during the fourth quarter valued at $50,000. EntryPoint Capital LLC bought a new stake in Iteris during the first quarter valued at $66,000. Perritt Capital Management Inc. boosted its position in Iteris by 150.0% during the first quarter. Perritt Capital Management Inc. now owns 25,000 shares of the technology company’s stock valued at $124,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its position in Iteris by 17.5% during the fourth quarter. Panagora Asset Management Inc. now owns 32,962 shares of the technology company’s stock valued at $171,000 after acquiring an additional 4,904 shares during the last quarter. Institutional investors own 51.16% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Report on ITI
Iteris Company Profile
Iteris, Inc provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services.
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