Blonder Tongue Labs, Inc. (NYSEAMERICAN:BDR) was the target of a large growth in short interest during the month of December. As of December 29th, there was short interest totalling 54,803 shares, a growth of 110.3% from the December 15th total of 26,062 shares. Based on an average daily trading volume, of 378,220 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.2% of the shares of the stock are short sold.
Blonder Tongue Labs (NYSEAMERICAN:BDR) remained flat at $$0.64 during trading hours on Wednesday. The company’s stock had a trading volume of 126,900 shares, compared to its average volume of 174,967. The firm has a market cap of $4.94, a price-to-earnings ratio of -5.33 and a beta of 2.35. Blonder Tongue Labs has a 1 year low of $0.38 and a 1 year high of $1.29.
Blonder Tongue Labs (NYSEAMERICAN:BDR) last released its quarterly earnings results on Tuesday, November 14th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $5.58 million for the quarter. Blonder Tongue Labs had a negative return on equity of 9.31% and a negative net margin of 2.74%.
Blonder Tongue Laboratories, Inc (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports.
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