(NYSE:SPLP) shares saw light trading volume with 770 shares changing hands on Tuesday. Shares saw a steep decrease in trading volume of 91.21% under the normal average daily volume.
Short traders are more bearish on the company lately if you look at the motion in short interest. The stock had a rise in short interest between September 29, 2017 and October 13, 2017 of 207.21%. Short shares grew 2,470 over that timeframe. The short-interest ratio increased to 1.0 and the percentage of shorted shares was 0.00% on October 13.
The following firms have recently changed their position in SPLP. As of quarter end Renaissance Technologies LLC had sold 3,205 shares trimming its stake by 7.6%. The value of the company’s investment in Steel Partners Hldgs went from $809,000 to $725,000 a change of $84,000 for the reporting period. As of the end of the quarter Gendell Jeffrey L had acquired a total of 30,212 shares growing its holdings by 17.3%. The value of the total investment in Steel Partners Hldgs increased from $3,353,000 to $3,810,000 increasing 13.6% quarter to quarter.
As of quarter end Dalton Greiner Hartman Maher & Co had sold a total of 1,070 shares trimming its position 1.1%. The value of the investment in Steel Partners Hldgs decreased from $1,763,000 to $1,720,000 a change of 2.4% quarter over quarter. As of quarter end Gamco Investors, Inc. Et Al had acquired a total of 500 shares growing its holdings by 1.7%. The value of the investment in (SPLP) decreased from $544,000 to $544,000 decreasing 0.0% since the last quarter.
The company is trading up by 0.53% since yesterday’s close of 18.75. The P/E ratio is currently N/A and the market cap of the company is 490.42M. In the last earnings report the EPS was $-0.10 with 26.02M shares outstanding.
Steel Partners Holdings L.P. (SPLP), launched on December 16, 2008, is a diversified holding company that engages in multiple businesses through consolidated subsidiaries, associated companies and other interests. The Business’s segments are Diversified Industrial, Energy, Financial Services, and Corporate and Other. The Company owns and operates businesses, and has investments in companies, in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports..