SIGA Technologies, Inc. (NASDAQ:SIGA) Short Interest Up 28.5% in February

SIGA Technologies, Inc. (NASDAQ:SIGA) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,100,000 shares, an increase of 28.5% from the February 13th total of 3,190,000 shares. Approximately 10.1% of the shares of the company are sold short. Based on an average daily trading volume, of 444,200 shares, the days-to-cover ratio is presently 9.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SIGA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of SIGA Technologies by 28.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 134,382 shares of the company’s stock worth $808,000 after purchasing an additional 29,442 shares during the period. State of Wyoming increased its position in SIGA Technologies by 163.5% during the 4th quarter. State of Wyoming now owns 45,668 shares of the company’s stock worth $274,000 after buying an additional 28,339 shares during the period. Sherbrooke Park Advisers LLC acquired a new stake in shares of SIGA Technologies during the fourth quarter worth $83,000. ProShare Advisors LLC boosted its position in shares of SIGA Technologies by 26.6% in the fourth quarter. ProShare Advisors LLC now owns 16,424 shares of the company’s stock valued at $99,000 after acquiring an additional 3,455 shares during the period. Finally, Deutsche Bank AG grew its stake in shares of SIGA Technologies by 53.3% in the fourth quarter. Deutsche Bank AG now owns 41,804 shares of the company’s stock valued at $251,000 after acquiring an additional 14,527 shares in the last quarter. 55.40% of the stock is owned by institutional investors.

SIGA Technologies Stock Up 2.3 %

SIGA opened at $5.76 on Wednesday. SIGA Technologies has a 12-month low of $5.16 and a 12-month high of $12.83. The business has a 50 day moving average of $5.95 and a 200-day moving average of $6.57. The stock has a market cap of $411.48 million, a price-to-earnings ratio of 4.80 and a beta of 0.98.

SIGA Technologies (NASDAQ:SIGA) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 EPS for the quarter. The firm had revenue of $81.40 million during the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. As a group, analysts expect that SIGA Technologies will post 1.04 earnings per share for the current year.

SIGA Technologies Company Profile

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.