Sharp Co. (OTCMKTS:SHCAY) Short Interest Update

Sharp Co. (OTCMKTS:SHCAY - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 9,500 shares, a decrease of 25.8% from the March 15th total of 12,800 shares. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.0% of the shares of the stock are sold short.

Sharp Price Performance

SHCAY traded up $0.04 on Friday, reaching $1.38. 4,837 shares of the company's stock were exchanged, compared to its average volume of 5,024. The stock has a market cap of $3.58 billion, a PE ratio of -3.45 and a beta of 0.71. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.88. Sharp has a twelve month low of $1.16 and a twelve month high of $1.74. The stock's fifty day moving average price is $1.50 and its 200-day moving average price is $1.50.

Sharp (OTCMKTS:SHCAY - Get Free Report) last announced its quarterly earnings results on Friday, February 7th. The company reported ($0.01) earnings per share (EPS) for the quarter. Sharp had a negative return on equity of 17.10% and a negative net margin of 7.12%. Sell-side analysts expect that Sharp will post 0.01 EPS for the current year.

About Sharp

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.