Trading volume for Siebert Financial Corp. was 1,700 in the last trading session. Volume was up 141.48% over the stocks average daily volume.
Investors are more bullish on the company considering the change in short interest. The firm saw a fall in short interest from September 29, 2017 to October 13, 2017 of -15.98%. Short interest decreased 5,173 over that timeframe. Days to cover increased 35.0 to 38.0 and the percentage of shorted shares was 0.00% on October 13.
These firms have modified their investment in SIEB. Citadel Advisors LLC added to its investment by buying 136 shares an increase of 0.9% from 12/31/2015 to 03/31/2016. Citadel Advisors LLC claims 15,730 shares valued at $20,000. The value of the position overall is down by 0.0%. Dimensional Fund Advisors Lp cut its position by shedding 400 shares a decrease of 0.3%. Dimensional Fund Advisors Lp now holds 143,037 shares worth $565,000. The total value of its holdings increased 9.1%.
The company is up since yesterday’s close of $3.87. It is currently trading at $3.87 which is just under the 50 day moving average of $3.89 and which is marginally lower than the 200 day moving average of $3.97. The 50 day moving average moved down $-0.02 whereas the 200 day moving average was down $-0.10 or -2.61%.
Siebert Financial Corp., launched on April 9, 1934, is a holding company that conducts retail discount brokerage business through its subsidiary, Muriel Siebert & Co., Inc. (Siebert). The Business’s Siebert’s principal activity is providing online and traditional brokerage and related services to retail investors. The Company is also an investment advisor through a subsidiary, Siebert Investment Advisors, Inc. (SIA). SIA offers advice to clients regarding asset allocation and the selection of investments. Another subsidiary, Siebert’s Women’s Financial Network Inc. (WFN), is involved in providing products, services and information devoted to women’s financial needs. Siebert develops and maintains its retail customer base through printed advertising in financial publications, Internet advertising and social media..