Can Iteris Inc (NASDAQ:ITI)’s Tomorrow be Different? The Stock Had Increase in Shorts

Iteris, Inc. (NASDAQ:ITI) Logo

The stock of Iteris Inc (NASDAQ:ITI) registered an increase of 11.43% in short interest. ITI’s total short interest was 1.56M shares in September as published by FINRA. Its up 11.43% from 1.40M shares, reported previously. With 172,200 shares average volume, it will take short sellers 9 days to cover their ITI’s short positions. The short interest to Iteris Inc’s float is 5.17%.

The stock increased 1.14% or $0.07 during the last trading session, reaching $6.21. About 174,384 shares traded. Iteris, Inc. (NASDAQ:ITI) has risen 11.78% since September 13, 2018 and is uptrending. It has outperformed by 11.78% the S&P500.

Iteris, Inc. provides intelligent information solutions to traffic management and global agribusiness markets worldwide. The company has market cap of $251.45 million. It operates in three divisions: Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics. It currently has negative earnings. The Roadway Sensors segment provides vehicle detection and information systems and products for traffic intersection control, incident detection, and roadway traffic data collection applications.

More notable recent Iteris, Inc. (NASDAQ:ITI) news were published by: Nasdaq.com which released: “Intra-Cellular Therapies Provides Update on FDA Advisory Committee Meeting for Lumateperone for the Treatment of Schizophrenia – Nasdaq” on July 23, 2019, also Businesswire.com with their article: “Iteris Announces Launch of Public Offering of Common Stock – Business Wire” published on June 13, 2019, Businesswire.com published: “Iteris Awarded $1 Million Contract to Update Florida’s Intelligent Transportation Systems Architectures – Business Wire” on September 04, 2019. More interesting news about Iteris, Inc. (NASDAQ:ITI) were released by: Businesswire.com and their article: “Iteris Announces Closing of Acquisition of Albeck Gerken – Business Wire” published on July 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “Liberty Global Announces Preliminary Results of Modified Dutch Auction Tender Offers – Yahoo Finance” with publication date: September 10, 2019.

Iteris, Inc. (NASDAQ:ITI) Ratings Chart

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