Siebert Financial Corp. (NASDAQ:SIEB - Get Free Report) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 94,300 shares, a decrease of 27.2% from the November 30th total of 129,500 shares. Based on an average trading volume of 35,900 shares, the short-interest ratio is presently 2.6 days. Currently, 0.7% of the company's stock are sold short.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Siebert Financial in a research note on Saturday. They issued a "hold" rating on the stock.
Check Out Our Latest Analysis on Siebert Financial
Institutional Inflows and Outflows
An institutional investor recently raised its position in Siebert Financial stock. Geode Capital Management LLC grew its stake in shares of Siebert Financial Corp. (NASDAQ:SIEB - Free Report) by 70.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 206,788 shares of the financial services provider's stock after purchasing an additional 85,456 shares during the quarter. Geode Capital Management LLC owned about 0.52% of Siebert Financial worth $523,000 at the end of the most recent quarter. 1.52% of the stock is owned by hedge funds and other institutional investors.
Siebert Financial Stock Down 1.0 %
NASDAQ:SIEB traded down $0.03 during trading hours on Friday, reaching $3.04. 20,040 shares of the stock were exchanged, compared to its average volume of 24,295. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13. Siebert Financial has a twelve month low of $1.41 and a twelve month high of $3.31. The stock has a market cap of $121.97 million, a PE ratio of 11.69 and a beta of 0.33. The firm has a 50 day moving average of $2.81 and a 200 day moving average of $2.20.
About Siebert Financial
(
Get Free Report)
Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.
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