RadiSys Co. (RSYS) Short Interest Update

RadiSys Co. (NASDAQ:RSYS) was the target of a large increase in short interest during the month of December. As of December 29th, there was short interest totalling 983,434 shares, an increase of 32.9% from the December 15th total of 740,039 shares. Based on an average daily trading volume, of 2,863,667 shares, the days-to-cover ratio is currently 0.3 days. Approximately 2.6% of the company’s shares are sold short.

Large investors have recently added to or reduced their stakes in the business. Rhumbline Advisers increased its position in RadiSys by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock valued at $155,000 after purchasing an additional 8,575 shares during the period. Moors & Cabot Inc. increased its position in RadiSys by 0.4% during the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock valued at $183,000 after purchasing an additional 200 shares during the period. Bank of New York Mellon Corp increased its position in RadiSys by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock valued at $585,000 after purchasing an additional 25,495 shares during the period. State Street Corp increased its position in RadiSys by 10.1% during the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock valued at $1,946,000 after purchasing an additional 47,538 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in RadiSys by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after purchasing an additional 49,835 shares during the period. 57.18% of the stock is owned by institutional investors and hedge funds.

RadiSys (NASDAQ RSYS) opened at $1.10 on Friday. The stock has a market cap of $43.06, a P/E ratio of -1.16 and a beta of 1.20. RadiSys has a fifty-two week low of $0.63 and a fifty-two week high of $4.76.

RadiSys (NASDAQ:RSYS) last issued its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.16). The business had revenue of $28.80 million during the quarter, compared to the consensus estimate of $28.11 million. RadiSys had a negative net margin of 26.07% and a negative return on equity of 47.11%. The firm’s quarterly revenue was down 48.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.07 EPS. equities analysts expect that RadiSys will post -0.59 earnings per share for the current year.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of RadiSys from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. Roth Capital reiterated a “buy” rating on shares of RadiSys in a report on Monday, December 4th. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $3.60.

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About RadiSys

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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