(NASDAQ:PRTS) shares saw light trading volume with 83K shares changing hands in the last trading session. Volume was down 75.95% under the stocks average daily volume.
Short traders are more bearish on U.S. Auto Parts Network, Inc. considering the uptick in short interest. The company recorded a rise in short interest from July 31, 2017 to August 15, 2017 of 12.67%. Short shares grew 69,908 over that timeframe. With short interest at 621,478 and short average daily volume at 122,429, the short-interest ratio is 5.0 and the percentage of shorted shares was 0.02% on August 15.
These funds have shifted positions in (PRTS). As of the end of the quarter William Blair Investment Management, LLC had acquired 224,109 shares growing its position 10.5%. The value of the investment in U.S. Auto Parts Network, Inc. increased from $7,181,000 to $7,648,000 a change of $467,000 quarter over quarter. Dynamic Technology Lab Private Ltd cut its holdings by selling 15,581 shares a decrease of 37.2% as of 06/30/2017. Dynamic Technology Lab Private Ltd claims 26,276 shares with a value of $85,000. The total value of its holdings decreased 38.0%.
Tower Research Capital LLC (trc) expanded its investment by buying 1,135 shares an increase of 157.0% from 03/31/2017 to 06/30/2017. Tower Research Capital LLC (trc) now controls 1,858 shares worth $6,000. The value of the position overall is up by 200.0%. Lafitte Capital Management Lp reduced its position by shedding 286,744 shares a decrease of 11.6%. Lafitte Capital Management Lp currently owns 2,186,950 shares valued at $7,064,000. The total value of its holdings decreased 14.8%.
The company is so far trading up since yesterday’s close of 3.04. The stock last traded at $3.05 which is impressively higher than the 50 day moving average which is $2.76 and just a bit lower than the 200 day moving average of $3.17. The 50 day moving average was up $0.29 or +10.32% and the 200 day average went down by -3.66%.
The most current P/E ratio is 4.31 and market capitalization is 109.97M.
U.S. Auto Parts Network, Inc., launched on February 27, 2006, is an online provider of automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. The Company operates through two segments: Base USAP, which is an auto parts business, and AutoMD, an online automotive repair source. The Business’s Websites provide customers with a range of stock keeping units (SKUs) with detailed product descriptions, attributes and photographs..