Trading volume for RF Industries Ltd was 3,598 in the last trading session. Overall, volume was down 84.34% under the stocks normal daily volume.
Traders are feeling more bearish on shares of RF Industries Ltd recently as indicated by the rise in short interest. The firm saw a rise in short interest from September 29, 2017 to October 13, 2017 of 3.03%. Short interest grew from 169,717 to 174,858 over that period. The days to cover decreased to 4.0 and the percentage of shorted shares was 0.02% on October 13.
RF Industries Ltd (NASDAQ:RFIL) has been the object of insider buying activity recently. President and CEO Robert D. Dawson bought 5,000 shares at an average price of $2.45 on October 13th. That brings the President and CEO’s holdings to $24,500 per an SEC filing yesterday. Gerald T. Garland, Director reported the purchase of 10,000 shares. The shares were bought on October 5th for an average price of $2.24. Garland now owns $44,863 of the stock according to the SEC filing.
Director Gerald T. Garland purchased 7,128 shares at a price of $2.21 on Wed the 27th. That brings Garland’s holdings to $15,753 as recorded in a recent Form 4 SEC filing.
Additionally, here are a few investment firms who have increased or decreased their stake in (RFIL). Ubs Group Ag bolstered its position by buying 200 shares an increase of 25.0%. Ubs Group Ag controls 1,000 shares valued at $2,000. The value of the position overall is up by 100.0%. North Star Investment Management Corp. downsized its ownership by shedding 22,973 shares a decrease of 9.1% in the quarter. North Star Investment Management Corp. now holds 228,579 shares worth $537,000. The total value of its holdings increased 18.3%.
Thompson Davis & Co., Inc. grew its stake by buying 48,499 shares an increase of 1,212.5% from 06/30/2017 to 09/30/2017. Thompson Davis & Co., Inc. currently owns 52,499 shares with a value of $123,000. The total value of its holdings increased 1,657.1%. As of quarter end Dimensional Fund Advisors Lp had sold 8,010 shares trimming its holdings by 3.0%. The value of the investment in RF Industries Ltd increased from $494,000 to $596,000 a change of $102,000 quarter to quarter.
The company is now down since yesterday’s close of 2.45. The company’s P/E ratio is N/A and the market cap of the company is 21.20M. As of the last earnings report the EPS was $-0.35 with 8.85M shares now outstanding.
RF Industries, Ltd., launched on November 13, 1979, is involved in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The Company operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc. (Cables Unlimited), Comnet Telecom Supply, Inc. (Comnet) and Rel-Tech Electronics, Inc. (Rel-Tech). The Connector and Cable Assembly Division designs, manufactures and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors. Cables Unlimited manufactures custom and standard cable assemblies, hybrid fiber optic power solution cables, adapters and electromechanical wiring harnesses for communication, computer, local area network (LAN), automotive and medical equipment. Comnet manufactures and sells fiber optics cable, cabling technologies and custom patch cord assemblies, as well as other data center products. Rel-Tech designs and manufactures cable assemblies and wiring harnesses for blue chip industrial, oilfield, instrumentation and military customers..