Industrial Services of America, Inc. (NASDAQ:IDSA) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 12,300 shares, a growth of 5.1% from the April 15th total of 11,700 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.3% of the company’s stock are short sold.
Shares of IDSA stock traded down $0.06 on Friday, hitting $0.93. The stock had a trading volume of 1,213 shares, compared to its average volume of 11,605. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.47 and a quick ratio of 0.79. The business has a 50 day moving average price of $1.07. Industrial Services of America has a one year low of $0.82 and a one year high of $2.69.
Industrial Services of America (NASDAQ:IDSA) last posted its earnings results on Tuesday, May 14th. The industrial products company reported ($0.05) earnings per share (EPS) for the quarter. Industrial Services of America had a negative net margin of 1.36% and a negative return on equity of 7.28%. The company had revenue of $14.34 million during the quarter.
Industrial Services of America, Inc buys, processes, and markets ferrous and non-ferrous metals, and other recyclable commodities in the United States. The company processes scrap metal through its sorting, cutting, baling, and shredding operations. Its non-ferrous scrap recycling operations consist primarily of collecting, sorting, and processing various grades of copper, aluminum, and stainless steel and brass.
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