Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Short Interest Update

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Get Free Report) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,630,000 shares, a decrease of 15.5% from the December 31st total of 1,930,000 shares. Approximately 7.0% of the shares of the stock are sold short. Based on an average daily volume of 628,900 shares, the short-interest ratio is presently 2.6 days.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the company's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the sale, the executive vice president now owns 115,368 shares of the company's stock, valued at approximately $4,037,880. This represents a 1.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Yifan Liang sold 31,004 shares of the company's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total value of $1,525,706.84. Following the completion of the sale, the chief financial officer now directly owns 265,175 shares in the company, valued at $13,049,261.75. This trade represents a 10.47 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 53,124 shares of company stock valued at $2,500,685. Insiders own 16.90% of the company's stock.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Large investors have recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of Alpha and Omega Semiconductor in the 3rd quarter worth about $45,000. Point72 DIFC Ltd purchased a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter worth about $47,000. Hollencrest Capital Management purchased a new position in shares of Alpha and Omega Semiconductor in the 3rd quarter worth about $56,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter worth about $62,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Alpha and Omega Semiconductor by 10,937.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company's stock worth $66,000 after purchasing an additional 1,750 shares during the period. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Trading Up 1.2 %

NASDAQ AOSL traded up $0.45 during trading hours on Monday, hitting $38.87. 404,739 shares of the company's stock were exchanged, compared to its average volume of 556,518. The business's 50 day moving average is $40.40 and its 200-day moving average is $37.53. Alpha and Omega Semiconductor has a 12-month low of $19.38 and a 12-month high of $53.29. The firm has a market capitalization of $1.13 billion, a P/E ratio of -58.00 and a beta of 2.47. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The business had revenue of $181.89 million for the quarter, compared to analysts' expectations of $180.07 million. During the same quarter last year, the company posted $0.30 earnings per share. The business's quarterly revenue was up .7% compared to the same quarter last year. As a group, analysts anticipate that Alpha and Omega Semiconductor will post -0.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AOSL has been the topic of several recent research reports. B. Riley reduced their price objective on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Benchmark restated a "buy" rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. Stifel Nicolaus reduced their price objective on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating on the stock in a research report on Wednesday, November 6th. Finally, StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Tuesday, December 24th.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.