RadiSys Corporation (NASDAQ:RSYS) stated gains of 49,703 shares or 55.3% in the short interest. The short interest registered from 89,947 on May 31,2016 to 139,650 on June 15,2016. In terms of floated shares, the shorted positions stood at 0.4%. The stock has been averaging 211,669 shares daily in trading and would need 1 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
RadiSys Corporation (NASDAQ:RSYS): The stock opened at $4.78 on Friday but the bulls could not build on the opening and the stock topped out at $4.89 for the day. The stock traded down to $4.61 during the day, due to lack of any buying support eventually closed down at $4.66 with a loss of -6.05% for the day. The stock had closed at $4.96 on the previous day. The total traded volume was 3,642,530 shares.
The company shares have rallied 83.46% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $5.31 and the one year low was seen on Jan 11, 2016. The 50-Day Moving Average price is $4.65 and the 200 Day Moving Average price is recorded at $3.59.
RadiSys Corporation (NASDAQ:RSYS) has climbed 1.08% in the past week and advanced 5.67% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.76% and the outperformance has advanced to 8.87% for the last 4 weeks period.
Radisys Corporation (Radisys) is a services acceleration company. The Companys application aware traffic distribution platforms, real-time media processing engines and wireless access technologies enable service providers to maximize, virtualize and monetize their networks. The Companys products and services are organized into two operating segments: Software-Systems and Embedded Products and Hardware Services. The Companys Software-Systems segment is comprised of three product families: FlowEngine, MediaEngine and CellEngine. Also included in the Software-Systems segment is its Professional Service organization. The Companys Embedded Products and Hardware Services segment comprises of the product-lines T-Series Advanced Telecommunications Computing Architecture (ATCA) Platforms, Component Object Model (COM) Express and Rackmount Servers, and Other Products.