Short Interest in Arko Corp. (NASDAQ:ARKOW) Drops By 25.0%

Arko Corp. (NASDAQ:ARKOW) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,800 shares, a drop of 25.0% from the August 31st total of 2,400 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 0.4 days.

Arko Stock Performance

Shares of Arko stock remained flat at $0.50 during midday trading on Friday. Arko has a fifty-two week low of $0.05 and a fifty-two week high of $1.28. The business’s 50-day simple moving average is $0.44 and its 200 day simple moving average is $0.40.

About Arko

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.