Sypris Solutions, Inc. (NASDAQ:SYPR) Short Interest Down 25.7% in January

Sypris Solutions, Inc. (NASDAQ:SYPR) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 225,007 shares, a decline of 25.7% from the January 15th total of 303,006 shares. Based on an average trading volume of 663,115 shares, the short-interest ratio is presently 0.3 days. Approximately 1.9% of the shares of the stock are short sold. Approximately 1.9% of the shares of the stock are short sold. Based on an average trading volume of 663,115 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sypris Solutions stock. Jane Street Group LLC bought a new stake in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,631 shares of the auto parts company’s stock, valued at approximately $31,000. Jane Street Group LLC owned 0.05% of Sypris Solutions at the end of the most recent reporting period. Institutional investors and hedge funds own 44.66% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sypris Solutions in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Sypris Solutions presently has an average rating of “Sell”.

Sypris Solutions Trading Down 5.5%

Shares of SYPR traded down $0.19 during mid-day trading on Monday, reaching $3.29. The company’s stock had a trading volume of 70,356 shares, compared to its average volume of 405,045. Sypris Solutions has a 52 week low of $1.42 and a 52 week high of $4.74. The stock has a market cap of $75.77 million, a PE ratio of -32.90 and a beta of 0.83. The company’s fifty day moving average price is $2.82 and its two-hundred day moving average price is $2.34. The company has a current ratio of 1.54, a quick ratio of 0.50 and a debt-to-equity ratio of 0.71.

Sypris Solutions Company Profile

Sypris Solutions, Inc (NASDAQ: SYPR) is an engineering and manufacturing company headquartered in Tampa, Florida. The firm operates through two primary business segments—Contract Manufacturing and Power Solutions—delivering precision components, subassemblies, and service solutions to original equipment manufacturers (OEMs) and aftermarket customers. Sypris Solutions caters to a diverse range of end markets, including heavy truck, automotive, defense, and industrial power generation.

Within its Contract Manufacturing segment, Sypris Solutions offers end-to-end capabilities from design and prototyping to toolmaking and final assembly.