Arko Corp. (NASDAQ:ARKOW – Get Free Report) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,000 shares, a decrease of 13.0% from the October 15th total of 2,300 shares. Based on an average daily trading volume, of 11,700 shares, the short-interest ratio is presently 0.2 days.
Arko Price Performance
Shares of NASDAQ:ARKOW traded down $0.07 on Wednesday, hitting $1.01. 2,171 shares of the company traded hands, compared to its average volume of 16,907. Arko has a 52 week low of $0.94 and a 52 week high of $2.20. The stock has a 50 day simple moving average of $1.09 and a 200-day simple moving average of $1.24.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Arko stock. Aristeia Capital LLC acquired a new stake in Arko Corp. (NASDAQ:ARKOW – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 553,681 shares of the company’s stock, valued at approximately $952,000.
Arko Company Profile
Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPM Petroleum segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents.
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