Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Up 173.3% in April

Tokyo Electron Limited (OTCMKTS:TOELY) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 16,400 shares, a growth of 173.3% from the March 31st total of 6,000 shares. Based on an average daily trading volume, of 682,000 shares, the days-to-cover ratio is presently 0.0 days.

Tokyo Electron Stock Up 1.6 %

OTCMKTS:TOELY opened at $111.40 on Friday. The stock’s 50-day simple moving average is $123.42 and its 200 day simple moving average is $97.78. Tokyo Electron has a twelve month low of $56.09 and a twelve month high of $134.91.

Tokyo Electron (OTCMKTS:TOELY) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.74 EPS for the quarter. The firm had revenue of $3.14 billion for the quarter. As a group, sell-side analysts predict that Tokyo Electron will post 2.27 EPS for the current year.

About Tokyo Electron

Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. The company offers coaters/developers, etch systems, surface preparation systems, deposition systems, test systems, wafer bonders/debonders, wafer edge trimming, SiC epitaxial CVD systems, gas cluster ion beam system, and cleaning systems.