Staffing 360 Solutions, Inc. (NASDAQ:STAF) Short Interest Update

Staffing 360 Solutions, Inc. (NASDAQ:STAF) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 43,700 shares, a growth of 5,362.5% from the October 15th total of 800 shares. Based on an average daily trading volume, of 3,070,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 6.8% of the shares of the company are sold short.

Staffing 360 Solutions Stock Performance

NASDAQ STAF traded down $0.11 during trading on Tuesday, hitting $2.62. The company’s stock had a trading volume of 78,749 shares, compared to its average volume of 944,324. Staffing 360 Solutions has a 52 week low of $1.08 and a 52 week high of $5.69. The firm has a 50 day moving average price of $1.75 and a 200 day moving average price of $2.24.

Staffing 360 Solutions (NASDAQ:STAF) last issued its quarterly earnings results on Monday, August 12th. The business services provider reported ($3.55) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.92) by ($2.63). The business had revenue of $44.18 million for the quarter, compared to analysts’ expectations of $45.81 million. On average, equities analysts expect that Staffing 360 Solutions will post -5.87 EPS for the current year.

Staffing 360 Solutions Company Profile

Staffing 360 Solutions, Inc, a staffing company, engages in the acquisition of staffing companies in the United States and the United Kingdom. It provides temporary contractors, and permanent placement services. The company focuses primarily on the staffing companies supporting accounting and finance, information technology, engineering, administration, and commercial disciplines.