Pixelworks, Inc. (NASDAQ:PXLW) Short Interest Up 79.8% in September

Pixelworks, Inc. (NASDAQ:PXLW - Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 160,000 shares, an increase of 79.8% from the August 31st total of 89,000 shares. Based on an average trading volume of 111,000 shares, the short-interest ratio is currently 1.4 days. Currently, 3.3% of the shares of the stock are sold short. Currently, 3.3% of the shares of the stock are sold short. Based on an average trading volume of 111,000 shares, the short-interest ratio is currently 1.4 days.Pixelworks Stock Down 8.7%Pixelworks Stock is Waking UpPixelworks stock opened at $13.00 on Friday. The stock has a market capitalization of $69.42 million, a PE ratio of -2.32 and a beta of 1.71. Pixelworks has a twelve month low of $4.67 and a twelve month high of $15.03. The company has a quick ratio of 2.35, a current ratio of 2.80 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $9.94 and a 200-day moving average of $8.07. Institutional Inflows and OutflowsA hedge fund recently bought a new stake in Pixelworks stock. Parallel Advisors LLC purchased a new stake in Pixelworks, Inc. (NASDAQ:PXLW - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 44,652 shares of the semiconductor company's stock, valued at approximately $28,000. Parallel Advisors LLC owned 0.07% of Pixelworks as of its most recent SEC filing. Institutional investors and hedge funds own 21.37% of the company's stock. Analyst Ratings ChangesA number of equities analysts have weighed in on the stock. Needham & Company LLC dropped their target price on shares of Pixelworks from $18.00 to $13.00 and set a "buy" rating for the company in a research note on Wednesday, August 13th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Pixelworks in a research report on Saturday, September 27th. Roth Capital set a $10.00 price target on shares of Pixelworks and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Finally, Wall Street Zen upgraded shares of Pixelworks from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $11.67.Get Our Latest Report on PXLWPixelworks Company Profile (Get Free Report)Pixelworks, Inc, together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, home and enterprise, and cinema markets in the United States, Japan, China, Taiwan, Korea, and Europe. The company offers imageprocessor integrated circuits, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems; visual processor integrated circuits that works with a mobile application processor; and transcoder integrated circuits which includes software that control the operations and signal processing for converting multiple bitrates, resolutions and codecs to provide bandwidth efficient video transmissions based on industry standard protocols.See AlsoFive stocks we like better than PixelworksHow to Know Which Cryptocurrency to Buy: A Guide for InvestorsWhy the Precious Metal Nobody Talks About Could Be Your Best BetAre Penny Stocks a Good Fit for Your Portfolio?Cheap Chipotle? Why CMG Stock Could Be Ready for a ComebackGrowth Stocks: What They Are, Examples and How to Invest3 Industrial Stocks Ready to Benefit From Fed Cuts and SpendingThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Pixelworks Right Now?Before you consider Pixelworks, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pixelworks wasn't on the list.While Pixelworks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here