Omega Flex, Inc. (NASDAQ:OFLX) Short Interest Down 25.8% in February

robot
Abstract generation in progress

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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin