Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY - Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,300 shares, an increase of 9.5% from the December 15th total of 2,100 shares. Based on an average daily volume of 109,700 shares, the days-to-cover ratio is presently 0.0 days.

Advantest Stock Performance

Shares of OTCMKTS:ATEYY traded up $0.40 during trading on Friday, reaching $59.65. The company had a trading volume of 59,166 shares, compared to its average volume of 53,177. The firm has a market capitalization of $44.02 billion, a price-to-earnings ratio of 62.79 and a beta of 1.39. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.04 and a quick ratio of 1.58. The stock's fifty day moving average price is $58.87 and its 200 day moving average price is $50.45. Advantest has a fifty-two week low of $31.52 and a fifty-two week high of $64.95.

Advantest (OTCMKTS:ATEYY - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.41 earnings per share (EPS) for the quarter. Advantest had a return on equity of 24.47% and a net margin of 17.67%. The business had revenue of $1.28 billion for the quarter. As a group, equities research analysts predict that Advantest will post 1.18 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded Advantest to a "strong-buy" rating in a research note on Monday, October 7th.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.