Cisco Systems (NASDAQ:CSCO) was the target of a large decline in short interest during the month of January. As of March 31st, there was short interest totalling 72,237,904 shares, a decline of 2.1% from the March 14th total of 73,809,335 shares, ARN reports. Approximately 1.4% of the shares of the stock are short sold. Based on an average daily volume of 48,333,800 shares, the short-interest ratio is presently 1.5 days. Cisco Systems, Inc. (NASDAQ:CSCO) shares after opening at $23.01 moved to $23.29 on last trade day and at the end of the day closed at $23.21. Company price to sales ratio in past twelve months was calculated as 2.50 and price to cash ratio as 2.54. Cisco Systems, Inc. (NASDAQ:CSCO) showed a positive weekly performance of 2.47%.
Jefferies Group started coverage on shares of Repligen Corp. (NASDAQ:RGEN) in a research report sent to investors on Tuesday morning, The Fly on the Wall.com reports. The firm issued a buy rating and a $17.00 price target on the stock. Repligen Corporation (NASDAQ:RGEN) shares advanced/fell -3.14% in last trading session and ended the day on $198.80. RGEN return on equity ratio is recorded as 16.70% and its return on assets is 14.80%. Repligen Corporation (NASDAQ:RGEN) yearly performance is 89.02%.
General Motors Company (NYSE:GM) is spending about $1 million a day providing loaner cars and insurance, according to cost data provided by dealers, to 30,000 U.S. customers awaiting replacement parts for their recalled vehicles. General Motors Company (NYSE:GM) shares moved up 0.03% in last trading session and was closed at $33.98, while trading in range of $ 33.80 – 34.09. General Motors Company (NYSE:GM) year to date (YTD) performance is -16.12%.
Auction house Sothebys (NYSE:BID) continues to fight activist shareholder Dan Loeb with every tool at its disposal, including an investor presentation with a scathing personal attack denouncing Loeb and his “slash and burn” investing style. The investor presentation pulled no punches, slamming Loeb for being duplicitous in negotiations with Sothebys management and highlighting the inexperience of the directors Loeb is nominating for positions on the Sothebys’ board. The company also recently adopted a “poison pill” provision to make it difficult for outsiders to gain control of the firm. Sothebys (NYSE:BID) weekly performance is -2.41%. On last trading day company shares ended up $40.01. Sothebys (NYSE:BID) distance from 50-day simple moving average (SMA50) is -10.81%. Analysts mean target price for the company is $52.40.