Blonder Tongue Labs, Inc. (NYSEAMERICAN:BDR) saw a significant increase in short interest in December. As of December 29th, there was short interest totalling 54,803 shares, an increase of 110.3% from the December 15th total of 26,062 shares. Based on an average daily volume of 378,220 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.2% of the company’s shares are short sold.
Shares of Blonder Tongue Labs (NYSEAMERICAN BDR) opened at $0.69 on Friday. The company has a market cap of $4.94, a price-to-earnings ratio of -5.75 and a beta of 2.35. Blonder Tongue Labs has a 52-week low of $0.38 and a 52-week high of $1.29.
Blonder Tongue Labs (NYSEAMERICAN:BDR) last posted its quarterly earnings data on Tuesday, November 14th. The technology company reported ($0.02) EPS for the quarter. The company had revenue of $5.58 million during the quarter. Blonder Tongue Labs had a negative net margin of 2.74% and a negative return on equity of 9.31%.
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About Blonder Tongue Labs
Blonder Tongue Laboratories, Inc (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports.
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