Silicom Ltd. (NASDAQ:SILC) Short Interest Update

Silicom Ltd. (NASDAQ:SILC) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 4,000 shares, a decline of 72.2% from the January 15th total of 14,400 shares. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP increased its position in Silicom by 89.6% in the 3rd quarter. GSA Capital Partners LLP now owns 27,482 shares of the technology company’s stock valued at $377,000 after acquiring an additional 12,990 shares during the period. Acuitas Investments LLC grew its stake in shares of Silicom by 44.2% in the fourth quarter. Acuitas Investments LLC now owns 104,379 shares of the technology company’s stock worth $1,702,000 after purchasing an additional 31,990 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Silicom in the fourth quarter valued at $266,000. Institutional investors own 52.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued a “hold” rating on shares of Silicom in a research report on Monday, February 3rd.

Silicom Stock Performance

Shares of NASDAQ SILC traded down $0.36 during trading hours on Thursday, reaching $16.30. 7,907 shares of the stock were exchanged, compared to its average volume of 27,880. The firm has a market capitalization of $110.19 million, a price-to-earnings ratio of -8.15 and a beta of 0.98. The stock’s fifty day simple moving average is $16.33 and its 200 day simple moving average is $14.40. Silicom has a 52 week low of $11.35 and a 52 week high of $18.24.

Silicom (NASDAQ:SILC) last posted its earnings results on Thursday, January 30th. The technology company reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.44). Silicom had a negative return on equity of 8.83% and a negative net margin of 20.66%.

Silicom Company Profile

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for servers, server-based systems, and communications devices. It offers server network interface cards; and smart cards, such as smart server adapters, which include redirector and switching cards, encryption and data compression hardware acceleration cards, forward error correction acceleration and offloading cards, time synchronization cards, and field programmable gate array-based cards.