November 16, 2016 - By Louis Casey · 0 Comments
The stock of Silicom Limited Ord (NASDAQ:SILC) registered a decrease of 3.42% in short interest. SILC’s total short interest was 127,200 shares in November as published by FINRA. Its down 3.42% from 131,700 shares, reported previously. With 65,700 shares average volume, it will take short sellers 2 days to cover their SILC’s short positions. The short interest to Silicom Limited Ord’s float is 2.62%. The stock increased 1.03% or $0.4 during the last trading session, hitting $39.3. Silicom Ltd (NASDAQ:SILC) has risen 18.30% since April 14, 2016 and is uptrending. It has outperformed by 13.62% the S&P500.
Silicom Ltd. is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server systems and communications devices. The company has a market cap of $1.40 billion. The Company’s products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products. It has a 4.45 P/E ratio.
Silicom Ltd. (Silicom), incorporated in 1987, is engaged in the design, manufacture, marketing and support of connectivity solutions for a range of servers and server based systems. Silicom is active in the product line of high-end server networking cards with and without bypass (Server Adapters). For the purpose of these products it leverages its expertise in networking and operating systems and in facilitating improved connectivity for servers by increasing the number of ports on the server adapters and by adding bypass and other special functionality for security appliances, wide area network (WAN) optimization appliances and other network appliances. The products have either one, two, four, six or eight ports, which plug into the servers between which interaction is facilitated. During the year ended December 31, 2011, it sold external bypass switches and Server Adapters to members of the Rad Group.
More notable recent Silicom Ltd (NASDAQ:SILC) news were published by: Businesswire.com which released: “Customer Relationship Pays off for Silicom: Major New Design Win With SD-WAN …” on November 07, 2016, also Seekingalpha.com with their article: “Silicom Ltd’s (SILC) CEO Shaike Orbach on Q3 2016 Results – Earnings Call …” published on October 30, 2016, Marketwatch.com published: “Silicom Ltd. NASDAQ: SILC” on November 08, 2010. More interesting news about Silicom Ltd (NASDAQ:SILC) were released by: Quotes.Wsj.com and their article: “Silicom Ltd. SILC (US: Nasdaq)” published on February 12, 2011 as well as Seekingalpha.com‘s news article titled: “Silicom: Worth A Look” with publication date: September 26, 2016.
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By Louis Casey