What’s Next for Sypris Solutions Inc (NASDAQ:SYPR) After Having More Shares Shorted?

September 30, 2018 - By Richard Slagle

Investors sentiment decreased to 0.29 in 2018 Q2. Its down 0.21, from 0.5 in 2018Q1. It fall, as 2 investors sold Sypris Solutions, Inc. shares while 5 reduced holdings. 1 funds opened positions while 1 raised stakes. 2.51 million shares or 10.71% less from 2.81 million shares in 2018Q1 were reported.
Needham Inv Management Limited Com holds 0.01% of its portfolio in Sypris Solutions, Inc. (NASDAQ:SYPR) for 31,332 shares. Thompson Davis & holds 0.01% or 2,500 shares in its portfolio. Moreover, California Pub Employees Retirement Systems has 0% invested in Sypris Solutions, Inc. (NASDAQ:SYPR). The New York-based Morgan Stanley has invested 0% in Sypris Solutions, Inc. (NASDAQ:SYPR). Geode Management Limited Liability Corp accumulated 50,846 shares. Dimensional Fund L P reported 0% in Sypris Solutions, Inc. (NASDAQ:SYPR). 16,028 are owned by Commercial Bank Of Ny Mellon. Aegis Finance, Virginia-based fund reported 234,624 shares. Vanguard Grp, Pennsylvania-based fund reported 218,564 shares. Moreover, Blackrock Incorporated has 0% invested in Sypris Solutions, Inc. (NASDAQ:SYPR) for 74,157 shares. Deutsche National Bank Ag accumulated 0% or 39,668 shares. Renaissance Technology Ltd Liability reported 645,200 shares. Weber Alan W invested in 0% or 314,056 shares. Bridgeway Inc reported 46,404 shares stake. Royal National Bank Of Canada stated it has 0% in Sypris Solutions, Inc. (NASDAQ:SYPR).

Since May 24, 2018, it had 1 insider purchase, and 0 selling transactions for $122,400 activity.

The stock of Sypris Solutions Inc (NASDAQ:SYPR) registered an increase of 15.79% in short interest. SYPR’s total short interest was 55,000 shares in September as published by FINRA. Its up 15.79% from 47,500 shares, reported previously. With 16,400 shares average volume, it will take short sellers 3 days to cover their SYPR’s short positions. The short interest to Sypris Solutions Inc’s float is 0.53%.

The stock decreased 6.21% or $0.09 during the last trading session, reaching $1.36. About 12,329 shares traded. Sypris Solutions, Inc. (NASDAQ:SYPR) has declined 7.19% since September 30, 2017 and is downtrending. It has underperformed by 22.81% the S&P500.

Sypris Solutions, Inc. provides outsourced services and specialty products in the United States and Mexico. The company has market cap of $29.13 million. It operates through two divisions, Sypris Technologies and Sypris Electronics. It currently has negative earnings. The Sypris Technologies segment supplies forged and machined components for the commercial vehicle, off highway vehicle, light truck, and energy markets.

Sypris Solutions, Inc. (NASDAQ:SYPR) Institutional Positions Chart

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