November 17, 2016 - By Louis Casey · 0 Comments
The stock of Sysorex Global (NASDAQ:SYRX) registered an increase of 9.8% in short interest. SYRX’s total short interest was 98,600 shares in November as published by FINRA. Its up 9.8% from 89,800 shares, reported previously. With 26,400 shares average volume, it will take short sellers 4 days to cover their SYRX’s short positions. The short interest to Sysorex Global’s float is 0.54%. The stock decreased 2.94% or $0.005 on November 16, hitting $0.165. Sysorex Global (NASDAQ:SYRX) has declined 70.54% since April 15, 2016 and is downtrending. It has underperformed by 75.16% the S&P500.
Sysorex Global, formerly Sysorex Global Holdings Corp., provides data analytics and location solutions and services to commercial and government clients across the world. The company has a market cap of $4.27 million. The Firm operates through four divisions: Mobile, IoT & Big Data Products, which includes its AirPatrol product line, on-premise big data appliance product and future Sysorex owned products; Storage and Computing, which includes third-party hardware, software and related maintenance/warranty services and products that Sysorex resells; SaaS Revenues, which provides Software-as-a-Services or Internet hosted services, and Professional Services, which offers general information technology services. It currently has negative earnings.
Insitutional Activity: The institutional sentiment increased to 1.75 in 2016 Q2. Its up 0.75, from 1 in 2016Q1. The ratio improved, as 3 funds sold all Sysorex Global shares owned while 1 reduced positions. 3 funds bought stakes while 4 increased positions. They now own 1.53 million shares or 2.60% more from 1.49 million shares in 2016Q1.
Deutsche Bancorp Ag holds 0% or 3 shares in its portfolio. Blackrock Fund Advsr has invested 0% of its portfolio in Sysorex Global (NASDAQ:SYRX). Vanguard Gp accumulated 318,112 shares or 0% of the stock. Benchmark Cap Advsrs accumulated 50,000 shares or 0.02% of the stock. Two Sigma Secs Lc reported 14,411 shares or 0% of all its holdings. Goldman Sachs Inc holds 56,668 shares or 0% of its portfolio. Brown Brothers Harriman And Co has 0% invested in the company for 44,199 shares. Savings Bank Of America Corporation De holds 0% of its portfolio in Sysorex Global (NASDAQ:SYRX) for 20,042 shares. Citadel Ltd Liability accumulated 0% or 21,082 shares. Wellington Shields Cap Mgmt Ltd Co reported 26,000 shares or 0% of all its holdings. Moreover, Renaissance Tech Ltd Limited Liability Company has 0% invested in Sysorex Global (NASDAQ:SYRX) for 84,400 shares. Millennium Management Ltd Llc, a New York-based fund reported 887,420 shares.
Sysorex Global, formerly Sysorex Global Holdings Corp., incorporated on April 8, 1999, provides data analytics and location solutions and services to commercial and government clients across the world. The Firm operates through four divisions: Mobile, IoT & Big Data Products; Storage and Computing; SaaS Revenues, and Professional Services.
More notable recent Sysorex Global (NASDAQ:SYRX) news were published by: Seekingalpha.com which released: “Sysorex Global Holdings’ (SYRX) CEO Nadir Ali on Q3 2016 Results – Earnings …” on November 15, 2016, also Seekingalpha.com with their article: “Sysorex Global Holdings’ (SYRX) CEO Nadir Ali on Q2 2016 Results – Earnings …” published on August 11, 2016, Seekingalpha.com published: “Sysorex Global Holdings’ (SYRX) CEO Nadir Ali on Q1 2016 Results – Earnings …” on May 13, 2016. More interesting news about Sysorex Global (NASDAQ:SYRX) were released by: Reuters.com and their article: “BRIEF-Sysorex Global enters into securities purchase agreement with Hillai…” published on August 10, 2016 as well as Seekingalpha.com‘s news article titled: “Sysorex: 3 Reasons To Love (Fear) This Company (SYRX)” with publication date: June 02, 2015.
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By Louis Casey