Arko Corp. (NASDAQ:ARKOW – Get Rating) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 4,400 shares, a decline of 61.1% from the February 28th total of 11,300 shares. Based on an average daily volume of 26,700 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Arko

A hedge fund recently bought a new stake in Arko stock. Aristeia Capital LLC bought a new position in shares of Arko Corp. (NASDAQ:ARKOW – Get Rating) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 553,681 shares of the company's stock, valued at approximately $952,000.

Arko Price Performance

ARKOW stock traded down $0.03 during trading hours on Thursday, reaching $1.52. The stock had a trading volume of 2,452 shares, compared to its average volume of 31,172. The company's 50-day moving average is $1.08. Arko has a fifty-two week low of $1.19 and a fifty-two week high of $2.44.

Arko Company Profile

(Get Rating)

Arko Corp. operates convenience stores in the United States. It operates through three segments: Retail, Wholesale, and GPM Petroleum. The Retail segment engages in the sale of fuel and merchandise to retail consumers. The Wholesale segment supplies fuel to third-party dealers and consignment agents.

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