SUMCO (OTCMKTS:SUOPY) Short Interest Update

SUMCO (OTCMKTS:SUOPY) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 17,425 shares, a growth of 398.4% from the April 30th total of 3,496 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 34,097 shares, the short-interest ratio is presently 0.5 days.

SUMCO Price Performance

SUOPY stock opened at $42.91 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.21 and a quick ratio of 1.33. The firm has a market capitalization of $7.50 billion, a P/E ratio of -49.32 and a beta of 1.35. The business’s 50-day moving average is $30.01 and its two-hundred day moving average is $22.91. SUMCO has a 1 year low of $13.15 and a 1 year high of $47.00.

About SUMCO

SUMCO Corporation (OTCMKTS: SUOPY) is a premier global supplier of silicon wafers, a foundational material used in the fabrication of semiconductor devices. The company specializes in producing single-crystal silicon wafers in diameters ranging from 150 mm to 300 mm, serving high-performance applications in memory, logic, power devices and discrete components. In addition to its core wafer business, SUMCO offers epitaxial wafers and specialty silicon products designed to meet the exacting requirements of next-generation semiconductor nodes and power electronics.

Founded in 1975 as a spin-off from Mitsubishi Silicon, SUMCO has grown through strategic investments in research and development to advance wafer quality, diameter scaling and defect reduction.