Short Interest in Arko Corp. (NASDAQ:ARKOW) Expands By 560.0%

Arko Corp. (NASDAQ:ARKOW) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 3,300 shares, an increase of 560.0% from the October 15th total of 500 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is presently 0.6 days.

Arko Price Performance

Arko stock traded down $0.03 during trading on Tuesday, reaching $0.49. The company had a trading volume of 16,255 shares, compared to its average volume of 13,895. The stock’s 50 day moving average price is $0.51 and its two-hundred day moving average price is $0.44. Arko has a 12-month low of $0.05 and a 12-month high of $1.25.

About Arko

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.