Interlink Electronics, Inc. (NASDAQ:LINK) Stock Short Interest Report for September

Interlink Electronics, Inc. (NASDAQ:LINK) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 43,556 shares, a growth of 88.0% from the September 15th total of 23,167 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 65,213 shares, the short-interest ratio is presently 0.7 days.

Interlink Electronics Stock Performance

Shares of Interlink Electronics stock opened at $4.23 on Thursday. The firm has a market capitalization of $66.64 million and a price-to-earnings ratio of -60.42. Interlink Electronics has a fifty-two week low of $2.66 and a fifty-two week high of $8.18. The stock has a 50 day moving average of $5.34 and a 200 day moving average of $4.48.

Interlink Electronics (NASDAQ:LINK) last posted its earnings results on Thursday, August 13th. The technology company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.05. The company had revenue of $3.77 million for the quarter, compared to analysts’ expectations of $3.10 million. Interlink Electronics had a negative net margin of 8.95% and a negative return on equity of 12.38%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Interlink Electronics in a research note on Tuesday, September 8th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

About Interlink Electronics

Interlink Electronics, Inc is a technology company that develops and supplies sensor and human-machine interface solutions. Its portfolio is built around force-sensing resistor technology, which detects changes in pressure or applied force and can be incorporated into electronic controls, switches and touch interfaces.

The company offers standard and customized sensors, touch and control panels, embedded sensing components, and related interface technologies. Its products are designed for applications including industrial equipment, medical devices, automotive systems, consumer electronics, aerospace and defense equipment, and other products requiring user input or pressure detection.

Founded in 1985, Interlink Electronics serves original equipment manufacturers and other customers in North America, Europe and Asia through direct sales and distribution relationships.