Short Interest in Interlink Electronics, Inc. (NASDAQ:LINK) Declines By 69.4%

Interlink Electronics, Inc. (NASDAQ:LINK) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 2,200 shares, a drop of 69.4% from the August 15th total of 7,200 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Interlink Electronics Trading Down 2.2 %

NASDAQ:LINK traded down $0.09 during mid-day trading on Thursday, reaching $3.94. 10,296 shares of the stock were exchanged, compared to its average volume of 9,251. The business has a fifty day moving average price of $4.07 and a 200 day moving average price of $5.26. Interlink Electronics has a 1-year low of $3.40 and a 1-year high of $9.33. The firm has a market capitalization of $25.54 million, a PE ratio of 42.22 and a beta of 0.93.

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.