Sumco Co. (OTCMKTS:SUOPY) Sees Significant Increase in Short Interest

Sumco Co. (OTCMKTS:SUOPY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a growth of 600.0% from the February 28th total of 100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 17,600 shares, the short-interest ratio is presently 0.0 days.

Sumco Price Performance

SUOPY traded up $0.64 during trading on Wednesday, reaching $16.06. The stock had a trading volume of 1,161 shares, compared to its average volume of 4,824. The business has a 50-day moving average of $15.35 and a 200-day moving average of $17.14. Sumco has a one year low of $13.97 and a one year high of $34.84. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.20 and a current ratio of 2.51. The stock has a market cap of $2.81 billion, a PE ratio of 21.41 and a beta of 0.99.

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

About Sumco

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.