Could Sigma Designs Inc (OTCMKTS:SIGM) Go Down After Its Newest Short Interest Report?

Sigma Designs, Inc. (OTCMKTS:SIGM) Logo

Investors sentiment increased to 1.05 in Q2 2018. Its up 0.21, from 0.84 in 2018Q1. It improved, as 14 investors sold Sigma Designs, Inc. shares while 23 reduced holdings. 16 funds opened positions while 23 raised stakes. 27.70 million shares or 4.50% more from 26.50 million shares in 2018Q1 were reported.
66,188 were accumulated by Menta Ltd Liability. Yakira Cap Management reported 3.39% of its portfolio in Sigma Designs, Inc. (OTCMKTS:SIGM). One Trading L P owns 3,350 shares or 0% of their US portfolio. Ameritas reported 0% of its portfolio in Sigma Designs, Inc. (OTCMKTS:SIGM). Schwab Charles Investment Mngmt reported 59,837 shares or 0% of all its holdings. State Street invested in 636,886 shares. Geode Limited Liability Corp owns 363,643 shares or 0% of their US portfolio. Paloma Mgmt reported 13,200 shares stake. Us Commercial Bank De holds 0% or 300 shares. Citadel Advsrs Limited reported 47,715 shares. 911,282 were reported by Peak6 L P. Ancora Advsr Ltd Liability Corp owns 57,663 shares. Stone Ridge Asset Mgmt Ltd Limited Liability Company has invested 0.02% in Sigma Designs, Inc. (OTCMKTS:SIGM). Fincl Bank Of Montreal Can accumulated 0% or 577,233 shares. State Board Of Administration Of Florida Retirement holds 0% or 41,573 shares.

The stock of Sigma Designs Inc (OTCMKTS:SIGM) registered a decrease of 8.42% in short interest. SIGM’s total short interest was 1.13M shares in December as published by FINRA. Its down 8.42% from 1.24 million shares, reported previously. With 2.33M shares average volume, it will take short sellers 1 days to cover their SIGM’s short positions.

The stock decreased 6.63% or $0.0108 during the last trading session, reaching $0.1522. About 19,523 shares traded. Sigma Designs, Inc. (OTCMKTS:SIGM) has declined 97.41% since December 2, 2017 and is downtrending. It has underperformed by 113.03% the S&P500.

Sigma Designs, Inc. provides integrated system-on-chip solutions and intelligent platforms for use in various home entertainment and home control appliances. The company has market cap of $6.09 million. The companyÂ’s media processor product line includes a range of platforms that are based on integrated chips, embedded software, and hardware reference designs. It currently has negative earnings. The Company’s media connectivity product line comprises wired home networking controller chipsets that provide connectivity solutions between various home entertainment products and incoming video streams.

Sigma Designs, Inc. (OTCMKTS:SIGM) Institutional Positions Chart

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