Advantest Co. (OTCMKTS:ATEYY) Short Interest Update

Advantest Co. (OTCMKTS:ATEYY - Get Free Report) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 6,900 shares, a growth of 81.6% from the November 15th total of 3,800 shares. Based on an average daily trading volume, of 157,400 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

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

Advantest Stock Up 3.0 %

Shares of ATEYY traded up $1.66 during midday trading on Thursday, reaching $56.79. 29,838 shares of the company were exchanged, compared to its average volume of 210,072. Advantest has a 1-year low of $29.14 and a 1-year high of $64.95. The stock has a 50-day moving average price of $56.45 and a 200-day moving average price of $46.14. The company has a current ratio of 3.04, a quick ratio of 1.58 and a debt-to-equity ratio of 0.17. The company has a market cap of $41.91 billion, a price-to-earnings ratio of 59.78 and a beta of 1.41.

Advantest (OTCMKTS:ATEYY - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.41 earnings per share for the quarter. Advantest had a return on equity of 24.47% and a net margin of 17.67%. The company had revenue of $1.28 billion for the quarter. Research analysts expect that Advantest will post 1.16 earnings per share for the current year.

About Advantest

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.