ARC Document Solutions, Inc. (NYSE:ARC) Sees Significant Growth in Short Interest

ARC Document Solutions, Inc. (NYSE:ARC) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 32,400 shares, a growth of 14.5% from the July 15th total of 28,300 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 105,600 shares, the days-to-cover ratio is presently 0.3 days.

ARC Document Solutions Stock Performance

NYSE ARC remained flat at $2.96 on Friday. 48,818 shares of the company were exchanged, compared to its average volume of 123,129. ARC Document Solutions has a 52 week low of $2.56 and a 52 week high of $3.52. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.42 and a current ratio of 1.56. The stock has a market cap of $127.81 million, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17. The business has a fifty day moving average of $2.89 and a 200 day moving average of $2.77.

ARC Document Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be issued a $0.05 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.20 annualized dividend and a dividend yield of 6.76%. ARC Document Solutions’s dividend payout ratio (DPR) is presently 100.00%.

Institutional Trading of ARC Document Solutions

A number of hedge funds have recently modified their holdings of the stock. Thompson Davis & CO. Inc. lifted its holdings in ARC Document Solutions by 28.6% in the fourth quarter. Thompson Davis & CO. Inc. now owns 556,585 shares of the business services provider’s stock valued at $1,826,000 after acquiring an additional 123,900 shares during the period. Victory Capital Management Inc. acquired a new position in shares of ARC Document Solutions in the 4th quarter valued at $82,000. First Eagle Investment Management LLC boosted its holdings in ARC Document Solutions by 3.8% during the fourth quarter. First Eagle Investment Management LLC now owns 105,465 shares of the business services provider’s stock worth $346,000 after buying an additional 3,834 shares in the last quarter. JB Capital Partners LP grew its position in ARC Document Solutions by 2.6% during the fourth quarter. JB Capital Partners LP now owns 969,700 shares of the business services provider’s stock valued at $3,181,000 after buying an additional 25,000 shares during the period. Finally, Mirador Capital Partners LP grew its position in ARC Document Solutions by 3.0% during the first quarter. Mirador Capital Partners LP now owns 400,151 shares of the business services provider’s stock valued at $1,108,000 after buying an additional 11,519 shares during the period. Hedge funds and other institutional investors own 48.93% of the company’s stock.

About ARC Document Solutions

ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.