SIGA Technologies, Inc. (NASDAQ:SIGA) Position Lowered by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC decreased its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 31.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,372 shares of the company’s stock after selling 16,487 shares during the period. Exchange Traded Concepts LLC’s holdings in SIGA Technologies were worth $239,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of SIGA. Price T Rowe Associates Inc. MD raised its stake in SIGA Technologies by 8.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,180 shares of the company’s stock worth $250,000 after acquiring an additional 2,218 shares during the period. Rhumbline Advisers raised its stake in SIGA Technologies by 4.2% during the second quarter. Rhumbline Advisers now owns 69,947 shares of the company’s stock worth $531,000 after acquiring an additional 2,851 shares during the period. Linden Thomas Advisory Services LLC raised its stake in SIGA Technologies by 27.0% during the second quarter. Linden Thomas Advisory Services LLC now owns 15,871 shares of the company’s stock worth $120,000 after acquiring an additional 3,370 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in SIGA Technologies by 38.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company’s stock worth $104,000 after acquiring an additional 3,829 shares during the period. Finally, General American Investors Co. Inc. raised its stake in SIGA Technologies by 0.7% during the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company’s stock worth $5,667,000 after acquiring an additional 4,919 shares during the period. Institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Down 2.1 %

SIGA opened at $6.92 on Monday. The firm has a market cap of $492.17 million, a price-to-earnings ratio of 6.29 and a beta of 0.90. SIGA Technologies, Inc. has a fifty-two week low of $4.26 and a fifty-two week high of $12.83. The company’s 50-day moving average price is $8.08 and its 200 day moving average price is $8.24.

SIGA Technologies (NASDAQ:SIGA) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.03 EPS for the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. The company had revenue of $21.81 million for the quarter. During the same quarter in the previous year, the business posted ($0.04) EPS. Research analysts anticipate that SIGA Technologies, Inc. will post 1.01 earnings per share for the current year.

SIGA Technologies Company Profile

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.