SigmaTron International, Inc. (NASDAQ:SGMA) Short Interest Update

SigmaTron International, Inc. (NASDAQ:SGMA) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 16,900 shares, an increase of 106.1% from the February 13th total of 8,200 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 43,400 shares, the short-interest ratio is presently 0.4 days.

SigmaTron International Price Performance

NASDAQ SGMA traded down $0.01 during trading on Friday, reaching $1.04. The company’s stock had a trading volume of 68,778 shares, compared to its average volume of 39,209. The stock has a market capitalization of $6.36 million, a PE ratio of -0.41 and a beta of 0.92. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32. The firm has a fifty day moving average of $1.55 and a 200 day moving average of $2.25. SigmaTron International has a one year low of $1.00 and a one year high of $6.47.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings data on Friday, December 20th. The technology company reported ($1.55) earnings per share for the quarter. SigmaTron International had a negative return on equity of 24.68% and a negative net margin of 4.62%.

Institutional Trading of SigmaTron International

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC purchased a new position in SigmaTron International in the fourth quarter worth $36,000. TCW Group Inc. bought a new stake in SigmaTron International during the fourth quarter worth about $154,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of SigmaTron International by 34.1% in the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after purchasing an additional 50,858 shares in the last quarter. Hedge funds and other institutional investors own 23.85% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of SigmaTron International in a report on Friday. They issued a “hold” rating on the stock.

SigmaTron International Company Profile

SigmaTron International, Inc operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies, electro-mechanical subassemblies, and completely assembled (box-build) electronic products. The company also offers automatic and manual assembly and testing of products; material sourcing and procurement services; manufacturing and test engineering support services; design services; warehousing and distribution services; compliance reporting, and assistance in obtaining product approval from governmental and other regulatory bodies.