Alarum Technologies Ltd. (NASDAQ:ALAR) Short Interest Update

Alarum Technologies Ltd. (NASDAQ:ALARGet Free Report) was the recipient of a large increase in short interest in February. As of February 29th, there was short interest totalling 96,300 shares, an increase of 78.3% from the February 14th total of 54,000 shares. Based on an average daily volume of 194,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On Alarum Technologies

A number of institutional investors and hedge funds have recently modified their holdings of ALAR. Renaissance Technologies LLC acquired a new stake in shares of Alarum Technologies during the 2nd quarter valued at $34,000. Rhumbline Advisers lifted its holdings in shares of Alarum Technologies by 143.0% in the third quarter. Rhumbline Advisers now owns 11,627 shares of the company’s stock valued at $39,000 after purchasing an additional 6,843 shares in the last quarter. Finally, Cantor Fitzgerald L. P. purchased a new stake in shares of Alarum Technologies in the fourth quarter valued at $1,190,000. Institutional investors and hedge funds own 0.88% of the company’s stock.

Alarum Technologies Price Performance

Shares of NASDAQ:ALAR traded up $0.30 on Wednesday, reaching $18.30. 46,356 shares of the company traded hands, compared to its average volume of 222,323. Alarum Technologies has a fifty-two week low of $1.46 and a fifty-two week high of $18.50. The company’s 50 day moving average is $12.62 and its 200-day moving average is $7.15. The stock has a market capitalization of $114.56 million, a PE ratio of -8.53 and a beta of 0.81. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 2.07.

About Alarum Technologies

(Get Free Report)

Alarum Technologies Ltd. provides cybersecurity and privacy solutions to consumers and enterprises in Israel, the United States, the Middle East, the United Kingdom, the British Virgin Islands, the Asia Pacific, and internationally. The company operates through three segments: Enterprise Cybersecurity, Enterprise Internet Access, and Consumer Internet Access.

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