It is currently trading at $3.35 a tad above the 50 day moving average of $3.18 and just a bit higher than the 200 day moving average of $3.25. The 50 day moving average was up $0.17 or +5.45% whereas the 200 day moving average was up $0.10 or +2.93%. Trading volume for Image Sensing Systems, Inc. was 205 in the last trading session. Volume was down 97.12% under the stocks average daily volume.
Short traders are more bullish on shares of the company lately if you pay attention to the fall in short interest. The firm experienced a fall in short interest of -4.43% as of September 29, 2017 from the last reporting period. Short shares fell 4,048 over that period. With short interest at 87,303 and short average daily volume at 12,261, days to cover is 7.0 and the short interest percentage is 0.02% as of September 29.
These firms have modified their investment in ISNS. As of the end of the quarter Renaissance Technologies LLC had sold a total of 12,400 shares trimming its holdings by 8.0%. The value of the company’s investment in Image Sensing Systems, Inc. went from $451,000 to $515,000 a change of $64,000 for the reporting period. Blackrock Inc. divested its stake by selling 215,767 shares a decrease of 98.7% in the quarter. Blackrock Inc. owns 2,809 shares worth $10,000. The total value of its holdings decreased 98.4%.
As of quarter end Tower Research Capital LLC (trc) had disposed of 632 shares trimming its stake by 86.3%. The value of the investment in ISNS decreased from $2,000 to $0 decreasing 100.0% quarter to quarter. Acadian Asset Management LLC expanded its holdings by buying 667 shares an increase of 50.2%. Acadian Asset Management LLC currently owns 1,997 shares with a value of $6,000. The value of the position overall is up by 20.0%.
Image Sensing Systems, Inc.’s P/E ratio is 55.83 and the market cap is 17.31M.
Image Sensing Systems, Inc., launched on December 20, 1984, is a provider of software-based products and solutions for the intelligent transportation systems (ITS) industry. The Company develops and markets video and radar processing products for use in traffic, security, police and parking applications, such as intersection control, highway, bridge and tunnel traffic management, venue security, entry control and traffic data collection. The Company operates through two segments: Intersection and Highway. Video products are sold in the Intersection segment. Radar products are sold in the Highway segment. The Business’s family of products, which it markets as Autoscope video or video products (Autoscope) and RTMS radar or radar products (RTMS), provides end users with the tools that manage traffic flow and support driver safety. Its technology analyzes signals from sensors and transmits the information to management systems and controllers or directly to users. Its computer enabled detection (CED) software-based products provide end users with solutions for the intersection and transportation markets. The Company markets its Autoscope video products in the United States, Mexico, Canada and the Caribbean. It markets the RTMS radar systems to a network of distributors in North America, the Caribbean and Latin America. Its end users include governmental agencies and municipalities..