Silicom Ltd (NASDAQ:SILC) Short Interest Update

Key Points

• Silicom Ltd experienced a significant increase in short interest, rising by 193.8% in August, with total short interest reaching 4,700 shares by the end of the month.
• The company’s stock is currently priced at $18.30, with a twelve-month trading range between $12.29 and $19.36.
• Institutional investors hold 52.85% of Silicom's shares, with notable increases in holdings from multiple firms in recent quarters.

Silicom Ltd (NASDAQ:SILC - ) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 4,700 shares, an increase of 193.8% from the August 15th total of 1,600 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is presently 0.3 days.

Silicom Stock Down 0.5%

SILC stock opened at $18.30 on Friday. Silicom has a twelve month low of $12.29 and a twelve month high of $19.36. The company has a market cap of $103.76 million, a PE ratio of -8.03 and a beta of 0.97. The business's 50-day simple moving average is $16.17 and its 200 day simple moving average is $15.23.

Institutional Investors Weigh In On Silicom

Institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp acquired a new stake in Silicom during the fourth quarter valued at approximately $1,050,000. First Wilshire Securities Management Inc. boosted its holdings in Silicom by 0.7% during the first quarter. First Wilshire Securities Management Inc. now owns 393,483 shares of the technology company's stock valued at $5,855,000 after purchasing an additional 2,783 shares in the last quarter. Acuitas Investments LLC boosted its holdings in Silicom by 8.9% during the first quarter. Acuitas Investments LLC now owns 113,720 shares of the technology company's stock valued at $1,692,000 after purchasing an additional 9,341 shares in the last quarter. Systematic Financial Management LP boosted its holdings in Silicom by 4.2% during the fourth quarter. Systematic Financial Management LP now owns 510,357 shares of the technology company's stock valued at $8,324,000 after purchasing an additional 20,727 shares in the last quarter. Finally, Worth Venture Partners LLC boosted its holdings in Silicom by 15.9% during the first quarter. Worth Venture Partners LLC now owns 92,139 shares of the technology company's stock valued at $1,371,000 after purchasing an additional 12,662 shares in the last quarter. 52.85% of the stock is owned by institutional investors and hedge funds.

About Silicom

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for servers, server-based systems, and communications devices. It offers server network interface cards; and smart cards, such as smart server adapters, which include redirector and switching cards, encryption and data compression hardware acceleration cards, forward error correction acceleration and offloading cards, time synchronization cards, and field programmable gate array-based cards.

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