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

Sypris Solutions, Inc. (NASDAQ:SYPR) saw a significant decline in short interest in 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 daily trading volume, of 663,115 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.9% of the company’s shares are sold short. Currently, 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 663,115 shares, the days-to-cover ratio is currently 0.3 days.

Sypris Solutions Price Performance

Shares of NASDAQ SYPR opened at $3.29 on Friday. The company has a current ratio of 1.54, a quick ratio of 0.50 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $75.77 million, a price-to-earnings ratio of -32.90 and a beta of 0.84. Sypris Solutions has a twelve month low of $1.42 and a twelve month high of $4.74. The business has a 50 day simple moving average of $2.82 and a 200-day simple moving average of $2.34.

Sypris Solutions (NASDAQ:SYPR) last posted its earnings results on Wednesday, November 12th. The auto parts company reported $0.02 EPS for the quarter. The company had revenue of $28.67 million during the quarter. Sypris Solutions had a negative return on equity of 11.91% and a negative net margin of 1.87%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sypris Solutions stock. Jane Street Group LLC purchased a new position in Sypris Solutions, Inc. (NASDAQ:SYPR) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 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 quarter. Institutional investors own 44.66% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sypris Solutions in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Sypris Solutions

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.