Sumco Co. (OTCMKTS:SUMCF) Sees Large Growth in Short Interest

Sumco Co. (OTCMKTS:SUMCF) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 10,522,300 shares, a growth of 21.4% from the September 30th total of 8,665,400 shares. Based on an average trading volume of 4,700 shares, the short-interest ratio is presently 2,238.8 days.

Sumco Trading Down 2.1 %

OTCMKTS SUMCF traded down $0.20 during trading on Wednesday, hitting $9.41. The stock had a trading volume of 1,438 shares, compared to its average volume of 6,846. Sumco has a 12 month low of $9.26 and a 12 month high of $17.62. The company’s 50-day moving average price is $10.63 and its two-hundred day moving average price is $13.55.

Sumco Company Profile

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.