Is Siga Technologies Inc (SIGA) Going to Burn These Institutional Investors?

June 19, 2018 - By Richard Conner

SIGA Technologies, Inc. (NASDAQ:SIGA) Logo

Sentiment for Siga Technologies Inc (SIGA)

Siga Technologies Inc (SIGA) institutional sentiment increased to Infinity in Q1 2018. Its up Infinity, from 0.5 in 2017Q4. The ratio is positive, as 23 investment managers started new or increased holdings, while 0 sold and trimmed equity positions in Siga Technologies Inc. The investment managers in our partner’s database now hold: 24.02 million shares, up from 4.70 million shares in 2017Q4. Also, the number of investment managers holding Siga Technologies Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 0 Increased: 0 New Position: 23.

SIGA Technologies, Inc., a commercial-stage pharmaceutical company, focuses on the health security markets in the United States. The company has market cap of $566.80 million. The Company’s lead product is TPOXX, an orally administered antiviral drug for the treatment of human smallpox disease caused by variola virus. It currently has negative earnings.

The stock increased 1.27% or $0.09 during the last trading session, reaching $7.17. About 489,115 shares traded or 142.12% up from the average. SIGA Technologies, Inc. (SIGA) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500.

Nantahala Capital Management Llc holds 1.66% of its portfolio in SIGA Technologies, Inc. for 6.01 million shares. Jet Capital Investors L P owns 4.70 million shares or 1.65% of their US portfolio. Moreover, Beech Hill Advisors Inc. has 0.23% invested in the company for 72,500 shares. The Massachusetts-based Excalibur Management Corp has invested 0.06% in the stock. Hudson Bay Capital Management Lp, a New York-based fund reported 200,000 shares.

Another recent and important SIGA Technologies, Inc. (NASDAQ:SIGA) news was published by which published an article titled: “SIGA to Present at the Jefferies Global Healthcare Conference on June 8, 2018” on May 31, 2018.

SIGA Technologies, Inc. (NASDAQ:SIGA) Institutional Positions Chart

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