SIGA Technologies, Inc. (NASDAQ:SIGA – Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 1,200 call options on the stock. This is an increase of approximately 1,438% compared to the typical volume of 78 call options.
SIGA Technologies Trading Up 1.3 %
NASDAQ:SIGA opened at $6.12 on Friday. The company’s 50-day moving average is $6.12 and its two-hundred day moving average is $7.09. The firm has a market cap of $436.97 million, a price-to-earnings ratio of 5.10 and a beta of 0.94. SIGA Technologies has a 12-month low of $4.75 and a 12-month high of $12.83.
Institutional Trading of SIGA Technologies
Hedge funds and other institutional investors have recently bought and sold shares of the company. Larson Financial Group LLC purchased a new position in SIGA Technologies during the third quarter worth about $30,000. Teacher Retirement System of Texas increased its stake in shares of SIGA Technologies by 19.9% during the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company’s stock valued at $77,000 after acquiring an additional 2,126 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of SIGA Technologies during the 4th quarter worth about $78,000. EP Wealth Advisors LLC acquired a new stake in shares of SIGA Technologies in the third quarter worth approximately $82,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in SIGA Technologies in the fourth quarter valued at approximately $83,000. 55.40% of the stock is owned by hedge funds and other institutional investors.
About SIGA Technologies
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.
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