Disco Co. (OTCMKTS:DSCSY) Short Interest Update

Disco Co. (OTCMKTS:DSCSY - Get Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 8,900 shares, a drop of 81.4% from the January 31st total of 47,800 shares. Based on an average daily volume of 970,600 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Nomura Securities upgraded Disco to a "hold" rating in a research report on Friday, February 21st.

Disco Trading Down 2.3 %

Shares of DSCSY stock traded down $0.57 during trading hours on Monday, hitting $24.69. The company's stock had a trading volume of 99,098 shares, compared to its average volume of 278,585. The company has a 50 day moving average of $28.91 and a 200 day moving average of $27.63. Disco has a 12-month low of $23.09 and a 12-month high of $42.93. The stock has a market cap of $26.76 billion, a PE ratio of 33.82 and a beta of 1.07.

Disco (OTCMKTS:DSCSY - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The company reported $0.19 earnings per share (EPS) for the quarter. Disco had a return on equity of 28.36% and a net margin of 32.04%. As a group, analysts anticipate that Disco will post 0.7 earnings per share for the current fiscal year.

About Disco

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws. The company also offers precision processing tools, such as dicing blades, grinding wheels, and dry polishing wheels; and other products, such as accessory equipment.