(NASDAQ:RSYS) shares saw light trading volume with 78K shares changing hands on Tuesday. Overall, volume was down 82.11% under the stocks normal daily volume.
Short traders are feeling a little more bullish lately if you watch the change in short interest. The firm saw a fall in short interest of -13.51% between September 29, 2017 and October 13, 2017. Short shares decreased from 1,093,868 to 946,049 over that timeframe. With short interest at 946,049 and short average daily volume at 344,301, the short-interest ratio is 3.0 and the percentage of shorted shares was 0.02% on October 13.
These funds have shifted positions in (RSYS). As of the end of the quarter Malaga Cove Capital, LLC had acquired a total of 14,750 shares growing its holdings by 67.0%. The value in dollars increased from $88,000 to $139,000 a change of $51,000 quarter to quarter. As of quarter end Moors & Cabot, Inc. had bought 200 shares growing its stake by 0.4%. The value of the company’s investment in RadiSys Corporation went from $191,000 to $183,000 decreasing 4.2% quarter over quarter.
Heartland Advisors Inc downsized its position by shedding 692,300 shares a decrease of 23.1% in the quarter. Heartland Advisors Inc controls 2,301,025 shares valued at $3,152,000. The total value of its holdings decreased 72.0%. Cable Hill Partners, LLC added to its investment by buying 10,000 shares an increase of 11,111.1% as of 09/30/2017. Cable Hill Partners, LLC claims 10,090 shares worth $14,000. The value of the position overall is up by inf%.
In the market the company is trading up by 3.13% since yesterday’s close of $1.32. Company shares are trading at $1.32 which is marginally lower than the 50 day moving average of $1.39 and significantly below the 200 day moving average of $2.61. The 50 day moving average was down by -5.23% and the 200 day average went down $-1.29 or -49.35%.
As of the latest earnings report the EPS was $-0.63 and is expected to be $-0.32 for the current year with 39,045,000 shares now outstanding. Analysts expect next quarter’s EPS will be $-0.01 with next year’s EPS anticipated to be $-0.12.
Radisys Corporation (Radisys), launched on March 18, 1987, is a services acceleration company. The Business’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 Business’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services..