Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 96,400 shares, a growth of 19.3% from the February 13th total of 80,800 shares. Based on an average trading volume of 106,800 shares, the short-interest ratio is currently 0.9 days. Currently, 1.4% of the shares of the stock are short sold.
Sify Technologies Price Performance
Shares of NASDAQ SIFY traded down $0.13 during trading hours on Friday, hitting $4.36. 40,606 shares of the stock were exchanged, compared to its average volume of 281,573. 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 company has a market cap of $133.25 million, a PE ratio of 109.00, a price-to-earnings-growth ratio of 26.80 and a beta of 1.38. The company's fifty day simple moving average is $4.03 and its two-hundred day simple moving average is $3.37. Sify Technologies has a 1-year low of $1.82 and a 1-year high of $10.14.
Sify Technologies (NASDAQ:SIFY - Get Free Report) last posted its quarterly earnings results on Friday, January 17th. The technology company reported ($999.00) earnings per share (EPS) for the quarter. Sify Technologies had a negative return on equity of 2.85% and a negative net margin of 0.69%. On average, sell-side analysts predict that Sify Technologies will post 0.01 EPS for the current year.
Institutional Trading of Sify Technologies
A number of hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new stake in Sify Technologies in the fourth quarter valued at approximately $32,000. SBI Securities Co. Ltd. acquired a new stake in Sify Technologies in the fourth quarter valued at approximately $124,000. Finally, CSS LLC IL acquired a new stake in Sify Technologies in the fourth quarter valued at approximately $135,000. Institutional investors and hedge funds own 0.61% of the company's stock.
About Sify Technologies
(
Get Free Report)
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.
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