SigmaTron International, Inc. (NASDAQ:SGMA) Short Interest Update

SigmaTron International, Inc. (NASDAQ:SGMA) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 6,000 shares, a decrease of 69.2% from the January 15th total of 19,500 shares. Based on an average daily volume of 46,500 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of SigmaTron International in a report on Monday. They issued a “hold” rating for the company.

Hedge Funds Weigh In On SigmaTron International

A number of hedge funds and other institutional investors have recently bought and sold shares of SGMA. Virtu Financial LLC acquired a new position in shares of SigmaTron International in the 4th quarter valued at $36,000. TCW Group Inc. acquired a new position in shares of SigmaTron International during the 4th quarter worth about $154,000. Dimensional Fund Advisors LP increased its stake in shares of SigmaTron International by 26.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock valued at $297,000 after acquiring an additional 11,070 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of SigmaTron International by 34.1% in the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after acquiring an additional 50,858 shares during the period. 23.85% of the stock is owned by institutional investors.

SigmaTron International Trading Up 1.3 %

Shares of SGMA stock traded up $0.02 on Thursday, reaching $1.62. 7,804 shares of the stock were exchanged, compared to its average volume of 25,400. The stock has a 50 day moving average price of $1.79 and a 200 day moving average price of $2.51. The stock has a market cap of $9.91 million, a PE ratio of -0.64 and a beta of 0.94. SigmaTron International has a one year low of $1.50 and a one year high of $6.47. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32.

SigmaTron International (NASDAQ:SGMA) last released its earnings results on Friday, December 20th. The technology company reported ($1.55) earnings per share (EPS) for the quarter. SigmaTron International had a negative net margin of 4.62% and a negative return on equity of 24.68%.

About SigmaTron International

SigmaTron International, Inc operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies, electro-mechanical subassemblies, and completely assembled (box-build) electronic products. The company also offers automatic and manual assembly and testing of products; material sourcing and procurement services; manufacturing and test engineering support services; design services; warehousing and distribution services; compliance reporting, and assistance in obtaining product approval from governmental and other regulatory bodies.