Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) Sees Large Decline in Short Interest

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Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totalling 63,900 shares, a decrease of 11.4% from the May 30th total of 72,100 shares. Based on an average daily volume of 10,700 shares, the days-to-cover ratio is presently 6.0 days. Currently, 4.1% of the shares of the company are short sold.

Arts-Way Manufacturing stock opened at $2.06 on Friday. Arts-Way Manufacturing has a 12 month low of $1.85 and a 12 month high of $3.81. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.12 and a quick ratio of 0.42. The business’s 50 day moving average is $2.07.

Arts-Way Manufacturing Company Profile

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools worldwide. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment offers specialized farm machineries, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment consisting of forage boxes, blowers, running gear, and dump boxes; portable grain augers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; moldboard plows; potato harvesters; grinder mixers; reels for combines and swathers; silage blowers and reels; and after-market service parts under the Art's-Way, Miller Pro, Roda, M&W, Badger, and UHC by Art's-Way brands.

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