Short Interest in Sumco Co. (OTCMKTS:SUOPY) Expands By 600.0%

Sumco Co. (OTCMKTS:SUOPY) was the target of a significant 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. Based on an average daily volume of 17,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Sumco Stock Down 6.6 %

Shares of SUOPY stock traded down $1.06 during trading on Friday, reaching $15.00. The company’s stock had a trading volume of 2,632 shares, compared to its average volume of 4,782. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 20.00 and a beta of 0.99. Sumco has a 1-year low of $13.97 and a 1-year high of $34.84. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.51 and a quick ratio of 1.20. The stock’s 50-day moving average price is $15.40 and its 200 day moving average price is $17.11.

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

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.