(NASDAQ:PFIN) shares saw light trading volume with 1 shares changing hands on Tuesday. Shares saw a steep decrease in trading volume of 99.92% under the normal average daily volume.
Investors are more bullish on shares of the company recently looking at the downtick in short interest. The stock had a fall in short interest between September 29, 2017 and October 13, 2017 of -20.00%. Short interest decreased from 8,392 to 6,714 over that timeframe. With short interest at 6,714 and short average daily volume at 2,019, the short-interest ratio is 3.0 and the short interest percentage is 0.00% as of October 13.
A few notable investment firms have updated their holdings. As of the end of the quarter Vanguard Group Inc had acquired 645 shares growing its position 2.7%. The value of the total investment in P & F Industries, Inc. decreased from $164,000 to $148,000 a change of 9.8% quarter to quarter. Dimensional Fund Advisors Lp divested its investment by shedding 10,240 shares a decrease of 14.6% from 03/31/2017 to 06/30/2017. Dimensional Fund Advisors Lp controls 59,912 shares with a value of $366,000. The total value of its holdings decreased 25.0%.
As of quarter end Fmr LLC had sold a total of 24,641 shares trimming its stake by 5.1%. The value of the investment in (PFIN) went from $3,379,000 to $2,820,000 decreasing 16.5% for the reporting period. As of the end of the quarter James Investment Research Inc had sold a total of 200 shares trimming its holdings by 40.0%. The value of the company’s investment in P & F Industries, Inc. went from $3,000 to $2,000 a change of $1,000 quarter over quarter.
The company is so far trading unchanged by 0.00% percent from yesterday’s close. Company shares last traded at $7.43 which is marginally higher than the 50 day moving average of $7.41 and significantly higher than the 200 day moving average of $6.56. The 50 day moving average was up $0.02 or +0.31% and the 200 day average was up $0.87.
P&F Industries, Inc. (P&F), launched on April 19, 1963, conducts business through its subsidiaries. The Company operates through two segments: tools and other products (Tools), and hardware and accessories (Hardware)..