Arko Corp. (NASDAQ:ARKOW – Get Rating) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,900 shares, an increase of 6.2% from the January 15th total of 6,500 shares. Based on an average daily trading volume, of 28,000 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Arko stock. Aristeia Capital LLC bought a new position in Arko Corp. (NASDAQ:ARKOW – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 553,681 shares of the company's stock, valued at approximately $952,000.
Get Arko alerts:Arko Stock Performance
Shares of ARKOW stock opened at $1.49 on Friday. Arko has a one year low of $1.19 and a one year high of $2.44.
About Arko
(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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