Surge Component (OTCMKTS:SPRS) Short Interest Update

Surge Component (OTCMKTS:SPRS) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 95 shares, a decline of 67.6% from the July 30th total of 293 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,308 shares, the days-to-cover ratio is currently 0.0 days.

Surge Component Stock Up 4.8%

Shares of OTCMKTS:SPRS opened at $4.14 on Thursday. The stock’s fifty day simple moving average is $3.83 and its 200-day simple moving average is $3.58. Surge Component has a 52-week low of $2.25 and a 52-week high of $4.30. The company has a market capitalization of $24.14 million, a P/E ratio of 18.00 and a beta of 0.31.

Surge Component (OTCMKTS:SPRS) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $0.07 EPS for the quarter. The business had revenue of $9.36 million during the quarter. Surge Component had a return on equity of 6.24% and a net margin of 3.53%.

About Surge Component

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones. The company also provides resonators, alarms, chimes, filters, and discriminators, as well as fuses, printed circuit boards, and switches.