Short Interest in ROHM Co., Ltd. (OTCMKTS:ROHCY) Increases By 62.7%

ROHM Co., Ltd. (OTCMKTS:ROHCY - Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 74,700 shares, an increase of 62.7% from the September 30th total of 45,900 shares. Based on an average trading volume of 102,500 shares, the days-to-cover ratio is presently 0.7 days.

ROHM Stock Performance

Shares of OTCMKTS ROHCY traded up $0.05 during midday trading on Friday, hitting $11.05. 38,043 shares of the company's stock were exchanged, compared to its average volume of 47,993. ROHM has a twelve month low of $10.42 and a twelve month high of $20.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.16 and a quick ratio of 1.39. The firm's fifty day simple moving average is $11.54 and its 200-day simple moving average is $12.74.

ROHM (OTCMKTS:ROHCY - Get Free Report) last posted its earnings results on Monday, August 5th. The technology company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.03). The company had revenue of $758.71 million for the quarter, compared to analysts' expectations of $746.50 million. On average, sell-side analysts anticipate that ROHM will post 0.16 EPS for the current fiscal year.

About ROHM

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.