ARC Group WorldWide Inc (NASDAQ:ARCW) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 18,800 shares, a growth of 84.3% from the May 30th total of 10,200 shares. Based on an average daily volume of 230,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.
ARCW opened at $0.41 on Friday. The firm’s 50-day moving average is $0.45. ARC Group WorldWide has a 52 week low of $0.25 and a 52 week high of $2.60. The company has a quick ratio of 0.66, a current ratio of 1.39 and a debt-to-equity ratio of 2.03.
ARC Group WorldWide (NASDAQ:ARCW) last announced its quarterly earnings results on Friday, May 17th. The technology company reported ($0.14) EPS for the quarter. ARC Group WorldWide had a negative net margin of 16.20% and a negative return on equity of 28.86%. The business had revenue of $19.86 million during the quarter.
ARC Group Worldwide, Inc provides metal injection molding and metal 3D printing solutions worldwide. It operates in three segments: Precision Components Group, Stamping Group, and 3DMT Group. The Precision Components Group segment provides engineered precision metal components using processes consisting of metal injection molding; tooling products; and plastic injection molding products.
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