![Hollysys Automation Technologies Ltd. (NASDAQ:HOLI – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 5,040,000 shares, a decrease of 5.6% from the June 30th total of 5,340,000 shares. Approximately 10.5% of the shares of the stock […]](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/hollysys-automation-technologies-ltd-logo-1200x675.png?v=20240509153439&w=240&h=240&zc=2)
Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) saw a significant decrease in short interest in the month of July, with 5.6% down from June 30th. Approximately 10.5% of the shares of the stock are sold short. The days-to-cover ratio is currently 9.5 days. Several institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Hollysys by 665.2% during the 4th quarter. StockNews.com started coverage on shares of Hollysy Automation Tech in a research note on Monday, setting a buy rating on the stock. The company last reported earnings of $0.07 for the quarter.
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