inTEST Co. (NYSEAMERICAN:INTT) was the recipient of a large decrease in short interest during the month of November. As of November 29th, there was short interest totalling 6,400 shares, a decrease of 43.4% from the November 14th total of 11,300 shares. Based on an average daily volume of 28,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.
INTT stock traded down $0.03 during mid-day trading on Wednesday, reaching $5.94. The company’s stock had a trading volume of 16,200 shares, compared to its average volume of 31,771. inTEST has a fifty-two week low of $4.10 and a fifty-two week high of $7.88.
inTEST (NYSEAMERICAN:INTT) last issued its earnings results on Friday, November 8th. The semiconductor company reported $0.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.03. The company had revenue of $14.63 million for the quarter.
Separately, Zacks Investment Research cut shares of inTEST from a “buy” rating to a “hold” rating in a research report on Friday, October 25th.
inTEST Company Profile
inTEST Corporation designs, manufactures, and markets thermal management products and semiconductor automated test equipment interface solutions worldwide. The company operates in two segments, Thermal Products (Thermal) and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream temperature management tools, MobileTemp systems, ThermoChambers, Thermal Platforms, ThermoChuck precision vacuum platform assemblies, Thermonics temperature conditioning products, and EKOHEAT and EASYHEAT induction heating systems.
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