(NASDAQ:ARKR) shares saw light trading volume with 188 shares changing hands in the last trading session. Volume was down 84.11% under the stocks average daily volume.
Investors are more bearish of late if you take note of the change in short interest. The company recorded a rise in short interest of 78.73% as of the latest report on October 13, 2017. Short shares increased from 832 to 1,487 over that timeframe. The days to cover increased to 1.0 and the short interest percentage is 0.00% as of October 13.
These firms have modified their investment in ARKR. James Investment Research Inc divested its holdings by selling 7 shares a decrease of 7.0%. James Investment Research Inc currently owns 93 shares worth $2,000. The value of the position overall is down by 0.0%. Dalton Greiner Hartman Maher & Co trimmed its position by shedding 2,186 shares a decrease of 1.1% as of 09/30/2017. Dalton Greiner Hartman Maher & Co owns 204,480 shares with a value of $4,983,000. The total value of its holdings decreased 0.6%.
Lsv Asset Management cut its stake by shedding 524 shares a decrease of 8.7% in the quarter. Lsv Asset Management controls 5,488 shares valued at $130,000. The total value of its holdings decreased 11.0%. As of quarter end Dimensional Fund Advisors Lp had sold 1,500 shares trimming its position 1.3%. The value of the investment in Ark Restaurants Cp went from $2,837,000 to $2,742,000 decreasing 3.3% quarter to quarter.
In the market the company is trading up by 0.37% since yesterday’s close of 24.04. The P/E ratio is currently 22.96 and the market value is 82.66M. As of the latest earnings report the EPS was $1.05 with 3.43M shares currently outstanding.
Ark Restaurants Corp., launched on January 4, 1983, owns and operates restaurants, bars, fast food concepts and catering operations. As of October 1, 2016, the Company owned and/or operated 21 restaurants and bars, 19 fast food concepts and catering operations through its subsidiaries. As of October 1, 2016, six of its restaurant and bar facilities were located in New York City; two were located in Washington, D.C.; five were located in Las Vegas, Nevada; three were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut; one was located in the Faneuil Hall Marketplace in Boston, Massachusetts, and three were located on the east coast of Florida. The restaurant properties it leases, owns and operates include Sequoia, Canyon Road, Bryant Park Grill & Cafe, America, Gallagher’s Steakhouse, Gonzalez y Gonzalez, Village Eateries, Robert, Thunder Grill, Gallagher’s Steakhouse, Gallagher’s Burger Bar, The Grill at Two Trees, Yolos, Broadway Burger Bar and Grill, and The Rustic Inn..