Short Interest in Seiko Epson Corp. (OTCMKTS:SEKEY) Expands By 115.8%

Seiko Epson Corp. (OTCMKTS:SEKEY) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 34,448 shares, an increase of 115.8% from the April 30th total of 15,965 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 42,448 shares, the days-to-cover ratio is currently 0.8 days.

Seiko Epson Stock Up 1.4%

Shares of OTCMKTS:SEKEY traded up $0.13 during mid-day trading on Tuesday, hitting $9.21. 15,182 shares of the company traded hands, compared to its average volume of 26,442. The firm has a market cap of $6.88 billion, a P/E ratio of 46.03 and a beta of 0.72. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.16. Seiko Epson has a 52-week low of $5.75 and a 52-week high of $9.22. The firm’s 50 day simple moving average is $7.06 and its 200 day simple moving average is $6.61.

Seiko Epson (OTCMKTS:SEKEY) last issued its quarterly earnings data on Friday, May 1st. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.24). Seiko Epson had a return on equity of 2.32% and a net margin of 1.35%.The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.17 billion. On average, equities analysts anticipate that Seiko Epson will post 0.59 EPS for the current year.

About Seiko Epson

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.