Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) Shares Shorted: Short Interest Down 45.1% in October

Posted by Francis Steltz on Nov 1st, 2026

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 38,951 shares, a decrease of 45.1% from the September 30th total of 70,947 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily trading volume, of 41,328 shares, the days-to-cover ratio is presently 0.9 days.

Espey Mfg. & Electronics Price Performance

Shares of ESP stock traded down $2.31 during midday trading on Friday, hitting $53.20. The company had a trading volume of 23,258 shares, compared to its average volume of 29,156. The company’s 50 day simple moving average is $60.53 and its 200 day simple moving average is $60.05. Espey Mfg. & Electronics has a 52-week low of $36.82 and a 52-week high of $74.77. The stock has a market cap of $161.73 million, a price-to-earnings ratio of 13.68 and a beta of 0.41.

Espey Mfg. & Electronics (NYSEAMERICAN:ESP – Get Free Report) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.19. Espey Mfg. & Electronics had a return on equity of 20.22% and a net margin of 24.24%. The firm had revenue of $13.47 million during the quarter, compared to the consensus estimate of $14.80 million.

Espey Mfg. & Electronics Announces Dividend

The company also recently announced a special dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 18th were paid a $0.75 dividend. The ex-dividend date was Friday, September 18th. Espey Mfg. & Electronics’s dividend payout ratio (DPR) is 40.82%.

Insider Activity at Espey Mfg. & Electronics

In other news, Director Paul J. Corr sold 2,089 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $65.67, for a total transaction of $137,184.63. Following the sale, the director owned 20,650 shares of the company’s stock, valued at approximately $1,356,085.50. This trade represents a 9.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.39% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ESP. Man Group plc purchased a new stake in Espey Mfg. & Electronics in the 2nd quarter valued at approximately $832,000. De Lisle Partners LLP purchased a new position in shares of Espey Mfg. & Electronics during the 2nd quarter worth approximately $3,777,000. BlackRock Inc. acquired a new stake in shares of Espey Mfg. & Electronics in the 2nd quarter valued at approximately $7,808,000. Deutsche Bank AG acquired a new stake in shares of Espey Mfg. & Electronics in the 2nd quarter valued at approximately $156,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Espey Mfg. & Electronics in the 2nd quarter valued at approximately $1,349,000. 36.65% of the stock is owned by hedge funds and other institutional investors.

Espey Mfg. & Electronics Company Profile

(Get Free Report)

Espey Mfg. & Electronics Corp. is a defense electronics company based in Saratoga Springs, New York. The company designs, develops and manufactures specialized electronic equipment primarily for military and aerospace applications.

Its products and capabilities include power supplies, power-conversion equipment, power distribution systems, electronic assemblies and related systems used in demanding defense platforms. Espey also provides engineering, manufacturing and integration services for customers requiring ruggedized electronics and customized power solutions.

Founded in 1928, Espey has supplied products to U.S.