Short Interest in Advantest Co. (OTCMKTS:ATEYY) Declines By 56.6%

Advantest Co. (OTCMKTS:ATEYY - Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 12,500 shares, a decrease of 56.6% from the January 15th total of 28,800 shares. Based on an average daily volume of 228,700 shares, the days-to-cover ratio is currently 0.1 days.

Advantest Stock Performance

OTCMKTS:ATEYY traded down $0.98 during midday trading on Monday, reaching $59.61. The stock had a trading volume of 29,535 shares, compared to its average volume of 108,471. The stock has a market capitalization of $44.00 billion, a P/E ratio of 48.86 and a beta of 1.37. Advantest has a 1-year low of $31.52 and a 1-year high of $65.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 1.73. The firm's fifty day simple moving average is $58.58 and its 200-day simple moving average is $53.19.

Advantest (OTCMKTS:ATEYY - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.46 EPS for the quarter. Advantest had a return on equity of 29.75% and a net margin of 19.95%. On average, equities research analysts forecast that Advantest will post 1.18 EPS for the current fiscal year.

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.