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Advantest Co. (OTCMKTS:ATEYY) Short Interest Down 90.7% in August

Advantest logo with Computer and Technology background

Advantest Co. (OTCMKTS:ATEYY - Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 4,400 shares, a decrease of 90.7% from the July 31st total of 47,500 shares. Based on an average trading volume of 294,700 shares, the short-interest ratio is presently 0.0 days.

Advantest Price Performance

Shares of OTCMKTS:ATEYY traded up $0.41 during trading on Tuesday, hitting $42.75. 30,784 shares of the company's stock were exchanged, compared to its average volume of 260,615. The business's 50-day simple moving average is $40.56 and its 200 day simple moving average is $39.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.33 and a quick ratio of 1.71. Advantest has a 52-week low of $23.48 and a 52-week high of $49.90. The company has a market cap of $31.55 billion, a price-to-earnings ratio of 73.71 and a beta of 1.49.

Advantest (OTCMKTS:ATEYY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter. Advantest had a net margin of 14.65% and a return on equity of 18.20%. The business had revenue of $889.88 million during the quarter, compared to analyst estimates of $680.79 million. As a group, equities analysts predict that Advantest will post 0.64 EPS for the current year.

Advantest Company Profile

(Get Free Report)

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.

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