Short Interest in Sypris Solutions, Inc. (NASDAQ:SYPR) Rises By 680.6%

Sypris Solutions, Inc. (NASDAQ:SYPR) was the target of a significant growth in short interest in November. As of November 29th, there was short interest totalling 28,100 shares, a growth of 680.6% from the November 14th total of 3,600 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 37,300 shares, the days-to-cover ratio is currently 0.8 days.

Shares of Sypris Solutions stock opened at $0.75 on Thursday. The company has a current ratio of 1.50, a quick ratio of 0.77 and a debt-to-equity ratio of 1.20. The company has a 50-day simple moving average of $0.88 and a two-hundred day simple moving average of $0.92. Sypris Solutions has a one year low of $0.70 and a one year high of $1.52.

Sypris Solutions (NASDAQ:SYPR) last announced its earnings results on Tuesday, November 12th. The auto parts company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.12). The firm had revenue of $22.26 million during the quarter. Sypris Solutions had a negative return on equity of 17.94% and a negative net margin of 2.82%.

About Sypris Solutions

Sypris Solutions, Inc provides truck components, oil and gas pipeline components, and aerospace and defense electronics in the United States and Mexico. It operates through two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged and machined components for the commercial vehicle, off highway vehicle, light truck, automotive, and energy markets.

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