Short Interest in ARC Document Solutions Inc (NYSE:ARC) Grows By 9.6%
ARC Document Solutions Inc (NYSE:ARC) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 170,900 shares, a growth of 9.6% from the June 30th total of 155,900 shares. Based on an average daily trading volume, of 378,400 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the shares of the stock are short sold.
Shares of ARC stock traded down $0.03 during trading hours on Friday, hitting $0.98. The company’s stock had a trading volume of 357,178 shares, compared to its average volume of 1,221,707. ARC Document Solutions has a twelve month low of $0.34 and a twelve month high of $1.96. The business has a fifty day moving average of $0.97 and a 200-day moving average of $0.98. The stock has a market cap of $42.62 million, a price-to-earnings ratio of 5.77 and a beta of 1.65. The company has a current ratio of 1.45, a quick ratio of 1.29 and a debt-to-equity ratio of 0.97.
ARC Document Solutions (NYSE:ARC) last issued its earnings results on Tuesday, May 5th. The business services provider reported $0.03 EPS for the quarter. ARC Document Solutions had a net margin of 0.83% and a return on equity of 4.95%. The business had revenue of $88.43 million for the quarter.
About ARC Document Solutions
ARC Document Solutions, Inc, a reprographics company, provides document solutions worldwide. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; construction document and information management services, which consists of professional services to manage and distribute documents and information primarily related to construction projects; and archive and information management services that combines software and professional services to facilitate the capture, management, access, and retrieval of documents and information that have been produced in the past.
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