TransAct Technologies Incorporated (NASDAQ:TACT) Short Interest Up 223.1% in July

Posted by Francis Steltz on Jul 26th, 2026

TransAct Technologies Incorporated (NASDAQ:TACT – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 68,966 shares, an increase of 223.1% from the June 30th total of 21,347 shares. Based on an average trading volume of 29,861 shares, the short-interest ratio is currently 2.3 days. Currently, 0.8% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Heron Bay Capital Management bought a new stake in shares of TransAct Technologies in the 4th quarter valued at about $236,000. NewEdge Advisors LLC acquired a new position in shares of TransAct Technologies in the third quarter worth approximately $290,000. Susquehanna International Group LLP acquired a new position in shares of TransAct Technologies in the third quarter worth approximately $225,000. Arrowstreet Capital Limited Partnership bought a new stake in TransAct Technologies in the third quarter valued at approximately $151,000. Finally, Renaissance Technologies LLC increased its position in TransAct Technologies by 4.5% during the 4th quarter. Renaissance Technologies LLC now owns 417,437 shares of the technology company’s stock valued at $1,670,000 after purchasing an additional 18,122 shares during the period. 74.46% of the stock is owned by institutional investors and hedge funds.

TransAct Technologies Trading Up 1.2%

TACT traded up $0.06 during trading on Friday, reaching $5.03. 9,755 shares of the company’s stock were exchanged, compared to its average volume of 31,901. TransAct Technologies has a one year low of $3.06 and a one year high of $6.02. The stock has a market capitalization of $51.69 million, a PE ratio of -100.60 and a beta of 1.21. The firm has a fifty day moving average price of $4.91 and a two-hundred day moving average price of $4.01.

TransAct Technologies (NASDAQ:TACT – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.11. The firm had revenue of $14.41 million during the quarter, compared to the consensus estimate of $12.60 million. TransAct Technologies had a negative net margin of 0.93% and a negative return on equity of 1.56%. Sell-side analysts expect that TransAct Technologies will post -0.05 earnings per share for the current year.

TransAct Technologies announced that its board has authorized a share buyback plan on Wednesday, May 13th that authorizes the company to repurchase $3.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wall Street Zen raised TransAct Technologies to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of TransAct Technologies in a research note on Tuesday, June 9th. Finally, Zacks Research raised TransAct Technologies to a “hold” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

View Our Latest Stock Report on TransAct Technologies

About TransAct Technologies

(Get Free Report)

TransAct Technologies Inc designs, manufactures and distributes secure card issuance systems and embedded transactional printing solutions for a variety of industries. The company’s portfolio includes high-speed card printers, card personalization and issuance software, as well as embedded printers used in kiosks, point-of-sale terminals, lottery machines and gaming applications. TransAct’s products are built to deliver reliable, on-demand printing and secure card encoding for markets that require rapid, accurate issuance of payment cards, identification badges and tickets.

Within its secure card solutions segment, TransAct offers turnkey systems that integrate card printing, magnetic stripe encoding, smart card personalization and instant card issuance software.

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