Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) Short Interest Update

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 8,548 shares, an increase of 23.6% from the November 30th total of 6,917 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 18,460 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 18,460 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are sold short.

Espey Mfg. & Electronics Price Performance

ESP stock opened at $47.13 on Friday. Espey Mfg. & Electronics has a 1 year low of $24.85 and a 1 year high of $55.00. The company has a market cap of $138.56 million, a P/E ratio of 14.96 and a beta of 0.16. The stock’s fifty day moving average price is $40.88 and its 200-day moving average price is $43.32.

Espey Mfg. & Electronics (NYSEAMERICAN:ESP) last posted its earnings results on Tuesday, September 16th. The company reported $1.07 earnings per share for the quarter. The company had revenue of $9.60 million for the quarter. Espey Mfg. & Electronics had a return on equity of 18.06% and a net margin of 20.46%.

Espey Mfg. & Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 19th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.1%. Espey Mfg. & Electronics’s dividend payout ratio (DPR) is presently 40.82%.

Espey Mfg. & Electronics Company Profile

Espey Manufacturing & Electronics Corp., founded in 1961 and headquartered in Lowell, Massachusetts, specializes in the design, development and manufacture of precision electronic components and sensor systems. The company’s core product offerings include magnetostrictive transducers, torque and position sensors, wideband RF and microwave amplifiers, as well as high-reliability printed circuit boards and molded bus assemblies. These solutions are engineered to withstand harsh operating environments and meet stringent performance requirements.

Espey’s sensor technologies are employed in applications ranging from industrial automation and energy production to commercial and military aerospace platforms.