Sharp Co. (OTCMKTS:SHCAY) Sees Significant Growth in Short Interest

Sharp Co. (OTCMKTS:SHCAY) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,900 shares, an increase of 39.3% from the November 15th total of 2,800 shares. Based on an average trading volume of 13,500 shares, the days-to-cover ratio is currently 0.3 days.

Sharp Stock Performance

Shares of Sharp stock traded up $0.07 during trading hours on Friday, hitting $1.57. The company’s stock had a trading volume of 6,930 shares, compared to its average volume of 9,023. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.84. The business has a 50 day moving average price of $1.51 and a two-hundred day moving average price of $1.49. Sharp has a 12-month low of $1.16 and a 12-month high of $1.91.

Sharp Company Profile

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.