2023-06-18 19:35
Astec Industries, Inc. (NASDAQ:ASTE) Short Interest Up 5.4% in May
Astec Industries, Inc. ( NASDAQ:ASTE – Get Rating ) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 243,700 shares, a growth of 5.4% from the May 15th total of 231,300 shares. Based on an average daily volume of 90,900 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.1% of the shares of the stock are sold short. Wall Street Analyst Weigh In A number of brokerages have issued reports on ASTE. William Blair reiterated a 'market perform' rating on shares of Astec Industries in a report on Wednesday, March 1st.

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