Sumco Co. (OTCMKTS:SUOPY) Short Interest Up 600.0% in March

Sumco Co. (OTCMKTS:SUOPY) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, an increase of 600.0% from the February 28th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is currently 0.0 days.

Sumco Stock Performance

Shares of OTCMKTS SUOPY remained flat at $16.06 during midday trading on Thursday. 2 shares of the stock were exchanged, compared to its average volume of 4,824. Sumco has a fifty-two week low of $13.97 and a fifty-two week high of $34.84. The stock has a market cap of $2.81 billion, a PE ratio of 21.41 and a beta of 0.99. The firm has a fifty day moving average of $15.38 and a 200 day moving average of $17.13. The company has a quick ratio of 1.20, a current ratio of 2.51 and a debt-to-equity ratio of 0.45.

Sumco (OTCMKTS:SUOPY) last posted its earnings results on Wednesday, February 12th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.13. Sumco had a return on equity of 3.97% and a net margin of 4.99%.

About Sumco

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.