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Omega Flex, Inc. (NASDAQ:OFLX) Short Interest Down 25.8% in February
Omega Flex, Inc. (NASDAQ:OFLX) experienced a significant 25.8% decrease in short interest during February, settling at 80,574 shares, which represents about 2.3% of its total shares sold short. The company’s director, Stephen M. Shea, recently increased his stake by purchasing additional shares, and insiders collectively own over 65% of the stock. Despite a “Sell” rating from analysts, the stock trades near $37.31 with a market cap of $376.5 million and offers a 3.6% dividend yield.