(NASDAQ:SIFY) shares saw light trading volume with 51K shares changing hands by the end of trading on Tuesday. Overall, volume was down 88.07% under the stocks normal daily volume. Short traders are feeling a little more bearish on shares of the company recently as implied by the uptick in short interest. The stock experienced a rise in short interest of 241.23% as of the latest report on October 13, 2017. Short shares grew from 114,250 to 389,859 over that timeframe.
These funds have shifted positions in (SIFY). Renaissance Technologies LLC added to its investment by buying 10,800 shares an increase of 4.9%. Renaissance Technologies LLC claims 232,300 shares with a value of $165,000. The total value of its holdings decreased 17.1%. Citadel Advisors LLC expanded its holdings by buying 200 shares an increase of 1.8% as of 06/30/2017. Citadel Advisors LLC owns 11,200 shares worth $8,000. The value of the position overall is down by 20.0%.
Kcg Holdings, Inc. augmented its stake by buying 116,724 shares an increase of 997.0% from 03/31/2017 to 06/30/2017. Kcg Holdings, Inc. currently owns 128,431 shares valued at $91,000. The value of the position overall is up by 727.3%. As of the end of the quarter Creative Planning had disposed of a total of 2 shares trimming its position 0.0%. The value of the investment in Sify Technologies Limited – Ame went from $14,000 to $27,000 a change of 92.9% for the reporting period.
The company is down from yesterday’s close of $1.40.
Sify Technologies Limited (Sify), launched on December 12, 1995, is an integrated information and communications technology (ICT) solutions and services company. The Company offers end-to-end solutions with a range of products delivered over a common telecom data network infrastructure reaching approximately 1,300 cities and towns in India at March 31, 2016. Its segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation..Advertisement