Sify Technologies Limited (NASDAQ:SIFY) Short Interest Update

Sify Technologies Limited (NASDAQ:SIFY) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 80,800 shares, an increase of 46.9% from the January 31st total of 55,000 shares. Based on an average daily volume of 109,900 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Sify Technologies

A number of large investors have recently added to or reduced their stakes in the company. CSS LLC IL bought a new stake in Sify Technologies in the fourth quarter valued at $135,000. XTX Topco Ltd bought a new position in shares of Sify Technologies in the fourth quarter worth about $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Sify Technologies during the 4th quarter valued at approximately $124,000. Institutional investors own 0.61% of the company’s stock.

Sify Technologies Price Performance

Sify Technologies stock traded up $0.04 during midday trading on Tuesday, hitting $4.52. 103,392 shares of the company’s stock were exchanged, compared to its average volume of 129,815. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.95 and a current ratio of 1.08. The stock has a 50-day moving average price of $3.57 and a two-hundred day moving average price of $3.14. The company has a market cap of $137.99 million, a P/E ratio of 112.88, a PEG ratio of 26.80 and a beta of 1.49. Sify Technologies has a 52-week low of $1.82 and a 52-week high of $10.14.

Sify Technologies (NASDAQ:SIFY) last issued its earnings results on Friday, January 17th. The technology company reported ($999.00) earnings per share for the quarter. Sify Technologies had a negative net margin of 0.69% and a negative return on equity of 2.85%. On average, equities research analysts forecast that Sify Technologies will post 0.01 earnings per share for the current year.

Sify Technologies Company Profile

Sify Technologies Limited offers ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The company offers internet, internet protocol, multi-protocol label switching, virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, dedicated internet access, and proactive monitoring and management of the network and devices.