RadiSys Co. (NASDAQ:RSYS) was the recipient of a significant growth in short interest in December. As of December 29th, there was short interest totalling 983,434 shares, a growth of 32.9% from the December 15th total of 740,039 shares. Based on an average daily trading volume, of 2,863,667 shares, the short-interest ratio is currently 0.3 days. Currently, 2.6% of the shares of the stock are short sold.

Several hedge funds have recently bought and sold shares of RSYS. Rhumbline Advisers lifted its holdings in shares of RadiSys by 26.3% in the second quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after acquiring an additional 8,575 shares during the last quarter. Moors & Cabot Inc. lifted its holdings in shares of RadiSys by 0.4% in the second quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock worth $183,000 after acquiring an additional 200 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of RadiSys by 19.6% in the second quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock worth $585,000 after acquiring an additional 25,495 shares during the last quarter. State Street Corp lifted its holdings in shares of RadiSys by 10.1% in the second quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after acquiring an additional 47,538 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of RadiSys by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after acquiring an additional 49,835 shares during the last quarter. 57.18% of the stock is owned by hedge funds and other institutional investors.

Shares of RadiSys (NASDAQ:RSYS) opened at $1.10 on Friday. The stock has a market cap of $43.06, a PE ratio of -1.16 and a beta of 1.20. RadiSys has a one year low of $0.63 and a one year high of $4.76.

RadiSys (NASDAQ:RSYS) last posted its earnings results on Tuesday, November 7th. The technology company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.16). The company had revenue of $28.80 million during the quarter, compared to the consensus estimate of $28.11 million. RadiSys had a negative return on equity of 47.11% and a negative net margin of 26.07%. The firm’s revenue was down 48.0% compared to the same quarter last year. During the same period last year, the company posted $0.07 EPS. equities research analysts expect that RadiSys will post -0.59 EPS for the current fiscal year.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of RadiSys from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Roth Capital reiterated a “buy” rating on shares of RadiSys in a research note on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $3.60.

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RadiSys Company Profile

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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