Sify Technologies Limited (NASDAQ:SIFY – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 333,800 shares, a decrease of 90.2% from the June 30th total of 3,420,000 shares. Based on an average daily volume of 605,600 shares, the days-to-cover ratio is presently 0.6 days.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Sify Technologies in a research report on Wednesday. They set a “hold” rating for the company.
Read Our Latest Analysis on Sify Technologies
Sify Technologies Stock Performance
About Sify Technologies
Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The Network Centric Services segment offers internet, internet protocol and multi-protocol label switching virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, managed services, dedicated internet access, and proactive monitoring and management of the network and devices.
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