Rogers Corporation (NYSE:ROG) Short Interest Update

Key Points

• Rogers Corporation experienced a 54.5% increase in short interest in August, totaling 618,000 shares, indicating a growing skepticism among investors.
• Several hedge funds significantly increased their stakes in Rogers, with Signaturefd LLC raising its stake by an astonishing 6,118.8% in the first quarter.
• The company reported a miss in quarterly earnings with an EPS of $0.34, falling short of the expected $0.50, although revenue was better than anticipated at $202.8 million.

Rogers Corporation (NYSE:ROG - Get Free Report) saw a significant growth in short interest in August. As of August 15th, there was short interest totaling 618,000 shares, agrowthof54.5% from the July 31st total of 400,100 shares. Based on an average daily volume of 227,800 shares, the short-interest ratio is currently 2.7 days. Currently,3.5% of the company's stock are sold short. Currently,3.5% of the company's stock are sold short. Based on an average daily volume of 227,800 shares, the short-interest ratio is currently 2.7 days.

Institutional Trading of Rogers

Several hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its stake in shares of Rogers by 243.5% in the first quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker's stock worth $25,000 after purchasing an additional 263 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Rogers by 81.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker's stock valued at $30,000 after acquiring an additional 199 shares in the last quarter. Versant Capital Management Inc grew its stake in Rogers by 698.9% during the first quarter. Versant Capital Management Inc now owns 703 shares of the electronics maker's stock valued at $47,000 after acquiring an additional 615 shares in the last quarter. Parallel Advisors LLC grew its stake in Rogers by 106.9% during the second quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker's stock valued at $51,000 after acquiring an additional 385 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Rogers by 6,118.8% during the first quarter. Signaturefd LLC now owns 995 shares of the electronics maker's stock valued at $67,000 after acquiring an additional 979 shares in the last quarter. Institutional investors own 96.02% of the company's stock.

Rogers Stock Performance

ROG stock traded down $0.80 during mid-day trading on Friday, hitting $78.93. The company had a trading volume of 158,843 shares, compared to its average volume of 216,573. The firm has a market cap of $1.43 billion, a PE ratio of -22.36 and a beta of 0.50. Rogers has a 12 month low of $51.43 and a 12 month high of $114.05. The stock's fifty day moving average price is $72.29 and its two-hundred day moving average price is $69.32.

Rogers (NYSE:ROG - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The electronics maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.16). The company had revenue of $202.80 million during the quarter, compared to the consensus estimate of $198.75 million. Rogers had a positive return on equity of 3.04% and a negative net margin of 8.14%. Rogers has set its Q3 2025 guidance at 0.500-0.900 EPS. Equities analysts anticipate that Rogers will post 3.57 earnings per share for the current year.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.

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