Short Interest in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) Declines By 10.3%

Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 57,700 shares, a decline of 10.3% from the April 30th total of 64,300 shares. Based on an average daily volume of 14,800 shares, the short-interest ratio is currently 3.9 days. Approximately 3.7% of the shares of the company are sold short.

ARTW stock traded down $0.06 during midday trading on Friday, hitting $2.06. The company’s stock had a trading volume of 7,626 shares, compared to its average volume of 4,941. The company’s 50-day moving average is $2.07. The company has a current ratio of 2.12, a quick ratio of 0.42 and a debt-to-equity ratio of 0.19. Arts-Way Manufacturing has a 1 year low of $1.85 and a 1 year high of $3.81.

Arts-Way Manufacturing Company Profile

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools worldwide. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment offers specialized farm machineries, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment consisting of forage boxes, blowers, running gear, and dump boxes; portable grain augers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; moldboard plows; potato harvesters; grinder mixers; reels for combines and swathers; silage blowers and reels; and after-market service parts under the Art's-Way, Miller Pro, Roda, M&W, Badger, and UHC by Art's-Way brands.

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