Sify Technologies Limited (NASDAQ:SIFY) Short Interest Update

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. XTX Topco Ltd bought a new stake in shares of Sify Technologies in the fourth quarter valued at about $32,000. SBI Securities Co. Ltd. purchased a new position in shares of Sify Technologies in the 4th quarter valued at approximately $124,000. Finally, CSS LLC IL acquired a new stake in Sify Technologies in the 4th quarter worth approximately $135,000. Institutional investors own 0.61% of the company’s stock.

Sify Technologies Price Performance

Shares of Sify Technologies stock traded up $0.04 during trading hours on Tuesday, reaching $4.52. The company’s stock had a trading volume of 103,392 shares, compared to its average volume of 129,815. The firm has a 50 day moving average price of $3.57 and a 200-day moving average price of $3.14. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.95. The stock has a market cap of $137.99 million, a P/E ratio of 112.88, a P/E/G ratio of 26.80 and a beta of 1.49. Sify Technologies has a one year low of $1.82 and a one year high of $10.14.

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

About Sify Technologies

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.