Piper Jaffray Exits Position in Synthesis Energy Systems (SYMX)

Synthesis Energy Systems (SYMX) : Piper Jaffray has sold out all of its stake in Synthesis Energy Systems during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 41 shares of Synthesis Energy Systems which is valued at $48.

Other Hedge Funds, Including , Bridgeway Capital Management Inc boosted its stake in SYMX in the latest quarter, The investment management firm added 334,800 additional shares and now holds a total of 511,264 shares of Synthesis Energy Systems which is valued at $593,066. Synthesis Energy Systems makes up approx 0.01% of Bridgeway Capital Management Inc’s portfolio.Tower Research Capital (trc) boosted its stake in SYMX in the latest quarter, The investment management firm added 15,581 additional shares and now holds a total of 18,312 shares of Synthesis Energy Systems which is valued at $21,242.Vanguard Group Inc boosted its stake in SYMX in the latest quarter, The investment management firm added 114,809 additional shares and now holds a total of 1,934,988 shares of Synthesis Energy Systems which is valued at $2,244,586.

Synthesis Energy Systems closed down -0.04 points or -2.90% at $1.34 with 3,50,441 shares getting traded on Thursday. Post opening the session at $1.4, the shares hit an intraday low of $1.32 and an intraday high of $1.45 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Synthesis Energy Systems Inc. is a global energy and gasification technology company that provides gasification technology systems and solutions to the energy and chemical industries. The Company’s gasification technology is applicable for the production of synthesis gas (syngas) a mixture of primarily hydrogen carbon monoxide and methane. The Company operates through segments including SES China Technology Licensing and Related Services and Corporate. The SES China segment includes all of the assets and operations and related administrative costs for China including initial closing costs relating to the Company’s joint ventures. The Technology Licensing and Related Services segment includes all of the Company’s operating activities outside of China. The Corporate segment includes the executive and administrative expenses of the corporate office in Houston. The Company’s projects include Zao Zhuang Joint Venture Yima Joint Ventures and Tianwo-SES Joint Venture.

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