Arko Corp. (NASDAQ:ARKOW – Get Rating) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 4,400 shares, a drop of 61.1% from the February 28th total of 11,300 shares. Based on an average daily trading volume, of 26,700 shares, the days-to-cover ratio is presently 0.2 days.
Arko Stock Down 1.4 %
NASDAQ ARKOW opened at $0.34 on Tuesday. The company has a 50 day simple moving average of $1.08. Arko has a one year low of $1.19 and a one year high of $2.44.
Get Arko alerts:Institutional Inflows and Outflows
An institutional investor recently bought a new position in Arko stock. Aristeia Capital LLC acquired a new stake in Arko Corp. (NASDAQ:ARKOW – Get Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 553,681 shares of the company's stock, valued at approximately $952,000.
Arko Company Profile
(Get Rating)
Arko Corp. operates convenience stores in the United States. It operates through three segments: Retail, Wholesale, and GPM Petroleum. The Retail segment engages in the sale of fuel and merchandise to retail consumers. The Wholesale segment supplies fuel to third-party dealers and consignment agents.
Further Reading
- Get a free copy of the StockNews.com research report on Arko (ARKOW)
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