November 17, 2016 - By Winifred Garcia · 0 Comments
The stock of Sypris Solutions Incorporated (NASDAQ:SYPR) registered an increase of 22.16% in short interest. SYPR’s total short interest was 62,300 shares in November as published by FINRA. Its up 22.16% from 51,000 shares, reported previously. With 37,500 shares average volume, it will take short sellers 2 days to cover their SYPR’s short positions. The short interest to Sypris Solutions Incorporated’s float is 0.92%. The stock decreased 4.72% or $0.05 on November 16, hitting $1.01. Sypris Solutions, Inc. (NASDAQ:SYPR) has declined 1.94% since April 15, 2016 and is downtrending. It has underperformed by 6.57% the S&P500.
Sypris Solutions, Inc. is a well-known provider of outsourced services and specialty products. The company has a market cap of $21.73 million. The Firm offers a range of manufacturing, engineering, design and other technical services. It currently has negative earnings. The Firm operates through two divisions: Sypris Technologies and Sypris Electronics.
Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.75, from 0.25 in 2016Q1. The ratio improved, as 3 funds sold all Sypris Solutions, Inc. shares owned while 3 reduced positions. 3 funds bought stakes while 3 increased positions. They now own 4.87 million shares or 2.93% less from 5.02 million shares in 2016Q1.
Blackrock Institutional Na owns 20,929 shares or 0% of their US portfolio. Manufacturers Life The holds 0% or 379 shares in its portfolio. Retail Bank Of New York Mellon Corp owns 19,927 shares or 0% of their US portfolio. Creative Planning holds 0% or 65,000 shares in its portfolio. Renaissance Techs Lc has 524,000 shares for 0% of their US portfolio. Needham Inv Ltd Llc has 0.18% invested in the company for 761,273 shares. Moreover, Goldman Sachs Grp has 0% invested in Sypris Solutions, Inc. (NASDAQ:SYPR) for 12,527 shares. Vanguard Grp holds 0% of its portfolio in Sypris Solutions, Inc. (NASDAQ:SYPR) for 242,590 shares. Moreover, Citadel Limited Liability Corporation has 0% invested in Sypris Solutions, Inc. (NASDAQ:SYPR) for 16,546 shares. Bridgeway Mngmt Inc owns 39,404 shares or 0% of their US portfolio. State Bank Of America De owns 125 shares or 0% of their US portfolio. The Minnesota-based Us Bancshares De has invested 0% in Sypris Solutions, Inc. (NASDAQ:SYPR). Ironwood Investment Management Limited Liability Company holds 0.05% or 78,336 shares in its portfolio. Dimensional Fund Advsrs Limited Partnership has 1.21M shares for 0% of their US portfolio. Geode Cap holds 0% of its portfolio in Sypris Solutions, Inc. (NASDAQ:SYPR) for 54,431 shares.
Insider Transactions: Since August 22, 2016, the stock had 2 insider buys, and 0 selling transactions for $148,507 net activity. FERKO WILLIAM G bought $10,472 worth of Sypris Solutions, Inc. (NASDAQ:SYPR) on Wednesday, September 14. Shares for $138,035 were bought by Convis Gary L on Monday, August 22.
Sypris Solutions, Inc. (Sypris), incorporated on October 22, 1997, is a well-known provider of outsourced services and specialty products. The Firm offers a range of manufacturing, engineering, design and other technical services, under sole-source contracts with firms and government agencies in the markets for industrial manufacturing, and aerospace and defense electronics. The Firm operates through two divisions: Sypris Technologies and Sypris Electronics. Sypris Technologies segment, which consists of Sypris Technologies, Inc. and its subsidiaries, is engaged in the sale of goods and manufacturing services to clients in the market for truck components and assemblies and from the sale of products to the energy and chemical markets. Sypris Electronics segment, which consists of Sypris Electronics, LLC and its subsidiary, is engaged in the sale of manufacturing services, technical services and products to clients in the market for aerospace and defense electronics.
More recent Sypris Solutions, Inc. (NASDAQ:SYPR) news were published by: Bizjournals.com which released: “Louisville public company sells business unit for $42 million” on August 17, 2016. Also Bizjournals.com published the news titled: “Dispute leads to layoffs, millions in lost revenue for Louisville manufacturer” on April 03, 2015. Bizjournals.com‘s news article titled: “Why a company coming off a $100 million revenue loss is making an acquisition” with publication date: August 20, 2015 was also an interesting one.
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By Winifred Garcia