Advantest Co. (OTCMKTS:ATEYY) Sees Large Decline in Short Interest

Advantest Co. (OTCMKTS:ATEYY) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 71.4% from the February 29th total of 4,200 shares. Based on an average daily volume of 211,600 shares, the short-interest ratio is currently 0.0 days.

Advantest Stock Down 0.3 %

ATEYY stock opened at $44.54 on Thursday. Advantest has a twelve month low of $19.23 and a twelve month high of $49.90. The firm has a market cap of $32.87 billion, a PE ratio of 59.39 and a beta of 1.47. The business has a 50 day moving average of $43.97 and a 200 day moving average of $40.29. The company has a quick ratio of 1.08, a current ratio of 2.22 and a debt-to-equity ratio of 0.05.

Advantest (OTCMKTS:ATEYY) last announced its quarterly earnings results on Wednesday, January 31st. The company reported $0.19 earnings per share for the quarter. The company had revenue of $902.25 million during the quarter. Advantest had a net margin of 15.67% and a return on equity of 20.16%. On average, research analysts forecast that Advantest will post 0.8 EPS for the current fiscal year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics systems in Japan, the United States, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Service and other departments.