Is Iteris Inc (NASDAQ:ITI)’s Fuel Running Low? Reports Show More Sellers

Iteris, Inc. (NASDAQ:ITI) Logo

The stock of Iteris Inc (NASDAQ:ITI) registered an increase of 11.43% in short interest. ITI’s total short interest was 1.56M shares in October as published by FINRA. Its up 11.43% from 1.40M shares, reported previously. With 172,200 shares average volume, it will take short sellers 9 days to cover their ITI’s short positions. The short interest to Iteris Inc’s float is 5.17%.

The stock increased 1.80% or $0.09 during the last trading session, reaching $5.08. About 142,446 shares traded. Iteris, Inc. (NASDAQ:ITI) has risen 11.78% since October 12, 2018 and is uptrending. It has outperformed by 11.78% the S&P500.

Iteris, Inc. provides intelligent information solutions to traffic management and global agribusiness markets worldwide. The company has market cap of $205.69 million. It operates in three divisions: Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics. It currently has negative earnings. The Roadway Sensors segment provides vehicle detection and information systems and products for traffic intersection control, incident detection, and roadway traffic data collection applications.

More notable recent Iteris, Inc. (NASDAQ:ITI) news were published by: Businesswire.com which released: “Iteris Unveils Powerful New Transportation Analytics Platform – Business Wire” on June 05, 2019, also Seekingalpha.com with their article: “Laughing Water Capital – Iteris, Inc. – Seeking Alpha” published on September 25, 2019, Seekingalpha.com published: “Intra-Cellular Therapies: Poised To Rally – Seeking Alpha” on July 19, 2019. More interesting news about Iteris, Inc. (NASDAQ:ITI) were released by: Seekingalpha.com and their article: “Iteris acquires Albeck Gerken for $10.7M – Seeking Alpha” published on June 14, 2019 as well as Businesswire.com‘s news article titled: “CropMetrics Selects Iteris ClearAg for Enhanced Irrigation Management – Business Wire” with publication date: January 09, 2019.

Iteris, Inc. (NASDAQ:ITI) Ratings Chart

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