Senstar Technologies Ltd. (NASDAQ:SNT) Sees Large Increase in Short Interest

Senstar Technologies Ltd. (NASDAQ:SNT) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 4,239 shares, a growth of 239.4% from the September 15th total of 1,249 shares. Based on an average daily volume of 14,661 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Senstar Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to MarketBeat, Senstar Technologies has a consensus rating of “Sell”.

Institutional Investors Weigh In On Senstar Technologies

An institutional investor recently bought a new stake in Senstar Technologies stock. Two Sigma Securities LLC purchased a new stake in shares of Senstar Technologies Ltd. (NASDAQ:SNT) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 17,165 shares of the industrial products company’s stock, valued at approximately $33,000. Two Sigma Securities LLC owned 0.07% of Senstar Technologies as of its most recent SEC filing. 20.75% of the stock is owned by institutional investors.

Senstar Technologies Stock Performance

Shares of SNT traded down $0.02 during mid-day trading on Friday, reaching $1.53. The stock had a trading volume of 15,568 shares, compared to its average volume of 13,505. The firm has a market cap of $35.67 million, a price-to-earnings ratio of 76.49 and a beta of 2.30. Senstar Technologies has a 12 month low of $1.43 and a 12 month high of $5.34. The business has a fifty day moving average of $1.69 and a 200 day moving average of $2.19.

Senstar Technologies (NASDAQ:SNT) last announced its quarterly earnings data on Wednesday, August 26th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $10.45 million during the quarter. Senstar Technologies had a net margin of 1.34% and a return on equity of 1.16%.

About Senstar Technologies

Senstar Technologies Corporation, formerly known as Magal Security Systems Ltd., develops and supplies physical security solutions for protecting facilities, perimeters and critical infrastructure. Its offerings are designed to help organizations detect, assess and respond to security threats across sites such as utilities, transportation facilities, correctional institutions, airports, government properties and industrial locations.

The company’s product portfolio includes perimeter intrusion detection systems, video management and analytics software, security sensors, access control solutions and integrated command-and-control platforms.