From the information on Yahoo it appears that the Shorts have arrived with over 30,000 shares short as of last record. Isn't that pretty dangerous with such a low float company? Maybe that's what we saw yesterday, shorts trying to drive the price down so they can cover? When they have to cover these shares it should drive the price up again. There may be some interesting action today.
Looks like the shorts had their month (better than us longs); however, still a significant amount of short shares outstanding. What a great first day of September. Stock closed at $4.86, up 20 cents.
AMOT $ 4.84 Allied Motion Technologies Inc. - Common Stock 0.18 Shares Short 23,881 Days to Cover (Short Ratio) 2.3 Short % of Float 0.55 % Shares Short - Prior 25,259 Short % Increase / Decrease -5.46 % Squeeze Ranking� 0 % from 52-Wk HIGH ( 5.99 ) -23.76 % % from 52-Wk LOW ( 3.36 ) 30.58 % % from 200-Day MA ( 4.62 ) 4.55 % % from 50-Day MA ( 4.97 ) -2.69 % Price % Change (52-Wk) 12.83 % Trading Volume - Today 7,150 Trading Volume - Average 10,353 Trading Volume Vs. Avg. 69.06 % Total Shares - Float 4,380,000 Total Shares - Outstanding 6,430,438 % Held by Insiders 22.78 % % Held by Institutions 8.40 % Market Cap 31,123,321 EPS 0.19 PE Ratio 24.50 Sector: Technology Industry: Scientific & Technical Instruments SI Record Date 2006-Aug
AMOT $ 4.82 Allied Motion Technologies Inc. -0.08 Shares Short 32,142 Days to Cover (Short Ratio) 0.5 Short % of Float 0.73 % Short % Increase/Decrease 9999.99 % Squeeze Ranking� 0 Price % Change (52-wk) 6.99 % % from 52-Week HIGH ( 5.99 ) -24.27 % % from 200 DAY MA ( 4.26 ) 11.62 % % from 50 Day MA ( 4.65 ) 3.53 % % from 52-Week LOW ( 3.36 ) 30.29 % Shares Short -Prior Mo 172 Today's Trading Volume 33,353 Avg. Daily Volume 66,610 Today's Volume vs. Average 50.07 % Market Cap 30,700,273 Outstanding Shares 6,369,351 Float 4,430,000 % Held by Insiders 31.83 % % Held by Institutions 8.70 % EPS 0.16 PE Ratio 30.60 Sector: Technology Industry: Scientific & Technical Instruments SI Record Date 2006-May Exchange NSD
Shares short down from 32K in May to over 23K in June. So we are already seeing some short covering.
AMOT $ 5.48 Allied Motion Technologies Inc. -0.01 Shares Short 23,882 Days to Cover (Short Ratio) 1.3 Short % of Float 0.55 % Shares Short - Prior 32,142 Short % Increase / Decrease -25.70 % Squeeze Ranking� 0 % from 52-Wk HIGH ( 5.99 ) -9.31 % % from 52-Wk LOW ( 3.36 ) 38.69 % % from 200-Day MA ( 4.40 ) 19.71 % % from 50-Day MA ( 5.01 ) 8.58 % Price % Change (52-Wk) 22.27 % Trading Volume - Today 3,520 Trading Volume - Average 17,896 Trading Volume Vs. Avg. 19.67 % Total Shares - Float 4,370,000 Total Shares - Outstanding 6,411,101 % Held by Insiders 22.78 % % Held by Institutions 8.70 % Market Cap 35,132,834 EPS 0.16 PE Ratio 34.30 Sector: Technology Industry: Scientific & Technical Instruments SI Record Date 2006-Jun