Sysorex Global Holdings Corp. (SYRX)

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Shares of Sysorex Global Holdings Corp (NASDAQ:SYRX) were the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,521,883 shares, an increase of 1,096.9% from the March 31st total of 127,153 shares, American Banking News reports. Approximately 13.6% of the shares of the company are short sold. Based on an average daily volume of 2,418,350 shares, the days-to-cover ratio is currently 0.6 days.

Separately, analysts at Zacks downgraded shares of Sysorex Global Holdings Corp from an “outperform” rating to a “neutral” rating and set a $1.40 price target on the stock.