Tokyo Electron Limited (OTCMKTS:TOELY) Short Interest Update

Tokyo Electron Limited (OTCMKTS:TOELY) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 22,600 shares, a decline of 45.1% from the March 15th total of 41,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 242,400 shares, the days-to-cover ratio is currently 0.1 days.

Tokyo Electron Stock Performance

Shares of OTCMKTS:TOELY traded down $1.84 during trading hours on Thursday, reaching $68.85. The stock had a trading volume of 138,889 shares, compared to its average volume of 155,589. Tokyo Electron has a 1 year low of $58.17 and a 1 year high of $124.27. The firm’s 50 day moving average is $73.63 and its 200-day moving average is $77.71. The stock has a market capitalization of $63.44 billion, a price-to-earnings ratio of 25.69 and a beta of 1.67.

Tokyo Electron (OTCMKTS:TOELY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.12 earnings per share for the quarter. Tokyo Electron had a return on equity of 24.79% and a net margin of 21.32%. Analysts forecast that Tokyo Electron will post 3.23 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.