ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Short Interest Up 38.0% in December

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS - Get Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 27,600 shares, an increase of 38.0% from the November 30th total of 20,000 shares. Based on an average trading volume of 22,200 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caprock Group LLC bought a new stake in shares of ChipMOS TECHNOLOGIES during the second quarter valued at approximately $441,000. Vanguard Personalized Indexing Management LLC lifted its position in ChipMOS TECHNOLOGIES by 4.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company's stock valued at $1,431,000 after buying an additional 2,319 shares during the period. Blue Trust Inc. boosted its holdings in shares of ChipMOS TECHNOLOGIES by 18.0% during the 3rd quarter. Blue Trust Inc. now owns 9,429 shares of the semiconductor company's stock valued at $221,000 after buying an additional 1,440 shares in the last quarter. Finally, Ballentine Partners LLC boosted its holdings in shares of ChipMOS TECHNOLOGIES by 20.2% during the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company's stock valued at $364,000 after buying an additional 2,611 shares in the last quarter. Hedge funds and other institutional investors own 7.39% of the company's stock.

ChipMOS TECHNOLOGIES Trading Down 1.5 %

Shares of ChipMOS TECHNOLOGIES stock traded down $0.28 during midday trading on Monday, reaching $18.82. 27,437 shares of the company's stock traded hands, compared to its average volume of 20,138. The company has a market cap of $684.33 million, a PE ratio of 13.16 and a beta of 0.86. The stock has a 50 day moving average of $20.18 and a 200-day moving average of $22.76. ChipMOS TECHNOLOGIES has a 12 month low of $18.20 and a 12 month high of $32.19. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.72 and a current ratio of 3.07.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS - Get Free Report) last posted its earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%. The firm had revenue of $191.70 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut ChipMOS TECHNOLOGIES from a "buy" rating to a "hold" rating in a research note on Friday, December 20th.

About ChipMOS TECHNOLOGIES

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.