Art's-Way Manufacturing Co., Inc. (NASDAQ:ARTW – Get Rating) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 8,100 shares, a growth of 39.7% from the November 30th total of 5,800 shares. Approximately 0.4% of the company's shares are sold short. Based on an average daily trading volume, of 16,000 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on ARTW shares. TheStreet raised shares of Art's-Way Manufacturing from a "d+" rating to a "c" rating in a research note on Friday, October 14th. StockNews.com began coverage on shares of Art's-Way Manufacturing in a research note on Saturday. They issued a "hold" rating for the company.

Institutional Investors Weigh In On Art's-Way Manufacturing

Several hedge funds and other institutional investors have recently made changes to their positions in ARTW. State Street Corp bought a new stake in shares of Art's-Way Manufacturing during the first quarter worth about $67,000. Jane Street Group LLC bought a new stake in shares of Art's-Way Manufacturing during the first quarter worth about $76,000. Virtu Financial LLC bought a new stake in shares of Art's-Way Manufacturing during the first quarter worth about $104,000. Renaissance Technologies LLC increased its position in shares of Art's-Way Manufacturing by 44.0% during the second quarter. Renaissance Technologies LLC now owns 55,274 shares of the industrial products company's stock worth $164,000 after acquiring an additional 16,900 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in Art's-Way Manufacturing during the second quarter worth about $42,000. 5.38% of the stock is owned by institutional investors.

Art's-Way Manufacturing Stock Up 1.8 %

Art's-Way Manufacturing (NASDAQ:ARTW – Get Rating) last posted its earnings results on Wednesday, October 5th. The industrial products company reported $0.05 EPS for the quarter. The company had revenue of $8.14 million during the quarter. Art's-Way Manufacturing had a net margin of 1.47% and a return on equity of 4.00%.

About Art's-Way Manufacturing

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Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts.

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