ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totalling 31,400 shares, an increase of 14.6% from the October 15th total of 27,400 shares. Based on an average daily trading volume, of 278,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are short sold.
A hedge fund recently raised its stake in ALJ Regional stock. Acadian Asset Management LLC boosted its position in ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) by 70.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,039 shares of the basic materials company’s stock after purchasing an additional 17,760 shares during the period. Acadian Asset Management LLC owned approximately 0.10% of ALJ Regional worth $31,000 as of its most recent SEC filing. 3.40% of the stock is owned by institutional investors.
Shares of NASDAQ ALJJ opened at $1.11 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.27 and a debt-to-equity ratio of 5.92. The stock has a 50 day simple moving average of $1.04 and a 200-day simple moving average of $0.78. The company has a market cap of $46.81 million, a PE ratio of -0.59 and a beta of 1.85. ALJ Regional has a 12-month low of $0.28 and a 12-month high of $1.46.
About ALJ Regional
ALJ Regional Holdings, Inc provides call center, back-office, staffing, and toll collection services to government and commercial clients in the healthcare, utility, consumer goods, toll, and transportation industries in the United States. It operates through three segments: Faneuil, Carpets, and Phoenix.
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