Short Interest in SIFCO Industries, Inc. (NYSEAMERICAN:SIF) Rises By 68.3%

SIFCO Industries, Inc. (NYSEAMERICAN:SIFGet Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 13,800 shares, a growth of 68.3% from the April 30th total of 8,200 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is presently 1.0 days.

A hedge fund recently bought a new stake in SIFCO Industries stock. Koss Olinger Consulting LLC bought a new stake in SIFCO Industries, Inc. (NYSEAMERICAN:SIFGet Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 16,333 shares of the aerospace company’s stock, valued at approximately $81,000. Koss Olinger Consulting LLC owned approximately 0.27% of SIFCO Industries as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 18.44% of the company’s stock.

Shares of SIF traded up $0.05 on Friday, hitting $4.40. The company’s stock had a trading volume of 2,154 shares, compared to its average volume of 12,172. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.32. SIFCO Industries has a fifty-two week low of $3.44 and a fifty-two week high of $11.72. The firm has a market capitalization of $26.59 million, a PE ratio of -31.44 and a beta of 1.57.

About SIFCO Industries (Get Rating)

SIFCO Industries, Inc produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company's processes and services include forging, heat-treating, and machining. It offers original equipment manufacturer and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; rotating components for helicopters; and commercial/industrial products.

Further Reading

Receive News & Ratings for SIFCO Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SIFCO Industries and related companies with's FREE daily email newsletter.